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Norwegian Open Research Archives
Research . 1991
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Research . 1991
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Scandinavian Journal of Economics
Article . 1994 . Peer-reviewed
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https://dx.doi.org/10.2307/344...
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Research . 1991
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Net National Product as a Welfare Indicator

Net national product as a welfare indicator
descriptionPublicationkeyboard_double_arrow_right Article , Research 01 Jun 1994 Norway Publisher:JSTORJournal:The Scandinavian Journal of Economics, volume 96, page 241 (issn: 0347-0520, Copyright policy )
Authors: Brekke, Kjell Arne;

doi: 10.2307/3440601

handle: 11250/2654446 , 10419/192049

Net National Product as a Welfare Indicator

Abstract

Summary: The question of whether changes in NNP will measure changes in welfare is investigated in this paper. Weitzman demonstrated that under specific conditions, NNP is proportional to discounted consumption. The result requires NNP to be measured in current prices in utility units. Changes in real NNP measured using given prices from a base year will not represent a complete account of welfare changes.

Country
Norway
Related Organizations
Keywords

ddc:330, welfare indicator, Social choice, net national product, Statistical methods; economic indices and measures, welfare changes

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
12
Average
Top 10%
Average
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hybrid
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