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...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Elsevier
2020-04-01
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Series: | The Lancet Global Health |
Online Access: | http://www.sciencedirect.com/science/article/pii/S2214109X20301674 |