Economics at your fingertips  

Beyond GDP: Measuring Economic Well-Being in Canada and the Provinces, 1981-2010

Lars Osberg () and Andrew Sharpe ()

No 2011-11, CSLS Research Reports from Centre for the Study of Living Standards

Abstract: This report presents new estimates of the Index of Economic Well-being (IEWB) and its four domains (consumption flows, stocks of wealth, economic equality and economic security) for Canada and the provinces for the 1981-2010 period. It finds that the IEWB advanced at a 0.78 per cent average annual growth rate over the period, below the 1.32 per cent growth for GDP per capita. Both the consumption and wealth domains experienced solid advances over the period, but these developments were offset by declines in the equality and economic security domains. The recent recession caused a decline in the IEWB for Canada, driven by declines in wealth and economic security.

Keywords: well-being; economic measurement; IEWB; consumption; wealth; equality; economic security (search for similar items in EconPapers)
JEL-codes: E01 I31 E21 E24 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-hap, nep-hme and nep-mac
Date: 2011-09
References: View references in EconPapers View complete reference list from CitEc
Citations View citations in EconPapers (2) Track citations by RSS feed

Downloads: (external link) (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Ordering information: This working paper can be ordered from

Access Statistics for this paper

More papers in CSLS Research Reports from Centre for the Study of Living Standards 151 Slater Street, Suite 710, Ottawa, ON K1P 5H3. Contact information at EDIRC.
Series data maintained by CSLS ().

Page updated 2017-10-20
Handle: RePEc:sls:resrep:1111