Beyond GDP as a measure of welfare: introducing the health-adjusted income metric

Background: Gross domestic product (GDP) is often used as a proxy for quality of life. Yet, material gain is only one of the many aspects of life that enhance the wellbeing of a population. One of the most important aspects of welfare is the value of human lifespan. A full-income approach can captur...

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Bibliographic Details
Main Authors: Angela Y Chang, ScD, Dean T Jamison, PhD
Format: Article
Language:English
Published: Elsevier 2020-04-01
Series:The Lancet Global Health
Online Access:http://www.sciencedirect.com/science/article/pii/S2214109X20301674