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GDP, Wellbeing, and Health: Thoughts on the 2017 Round of the International Comparison Program
Review of Income and Wealth ( IF 1.902 ) Pub Date : 2021-05-21 , DOI: 10.1111/roiw.12520
Angus Deaton 1 , Paul Schreyer 2
Affiliation  

In March 2020, the International Comparison Project published its latest results, for the calendar year 2017. This round presents common-unit or purchasing-power-parity data for 176 countries on Gross Domestic Product and its components. We review a number of important issues, what is new, what is not new, and what the new data can and cannot do. Of great importance is the lack of news, that the results are broadly in line with earlier results from 2011. We consider the relationship between national accounts measures and health, particularly in light of the COVID-19 epidemic which may reduce global inequality, even as it increases inequality within countries. We emphasize things that GDP cannot do, some familiar—like its silence on distribution—and some less familiar—including its increasing detachment from national material well-being in a globalized world where international transfers of capital and property rights can have enormous effects on GDP, such as the 26 percent increase in Ireland’s GDP in 2015.

中文翻译:

GDP、福利和健康:关于 2017 年国际比较计划的思考

2020 年 3 月,国际比较项目发布了 2017 日历年的最新结果。这一轮提供了 176 个国家的国内生产总值及其组成部分的共同单位或购买力平价数据。我们回顾了一些重要问题,什么是新的,什么不是新的,以及新数据能做什么和不能做什么。非常重要的是缺乏新闻,结果与 2011 年的早期结果大体一致。我们考虑了国民账户措施与健康之间的关系,特别是考虑到 COVID-19 流行病可能会减少全球不平等,即使在它加剧了国家内部的不平等。我们强调GDP不能做的事情,
更新日期:2021-05-21
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