Sunday, December 23, 2012
Is There A Relationship Between GDP Growth And Well-Being? g
The relationship between growth in GDP and well-being has been the subject of much research. Several nations have taken steps to included measures of well- being or happiness along with measures of GDP. This article reviews some of the research that has been done on this topic. It acknowledges that factors other than growth in GDP or Per Capita GDP affect well-being and happiness, but it also shows a relationship between growth in output and measures of well-being. It should stimulate discussions on this important topic.