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AHappinessTestfortheNewMeasuresofNationalWellBeing:HowMuchBetterthanGDPareThey?AbstractAcrosstheglobethereisgrowingskepticismabouttheusefulnessofGDPasameasureofnationalwellbeing.Consequently,severalalternativequalityoflife(QOL)measuresweredevelopedwhicheitheraimathealingtheGDP,complementingit,orreplacingit.Thischapterportrayssomeofthesenewmeasuresandputsthemtoahappinesstest:comparedtotheGDP,arethenewQOLmeasuresbetterabletocapturewhatmakespeoplehappyandsatisfiedwiththeirlives?Usingdatafor34OECDsocieties,wecanshowthatfromahappinessperspective,thereissurprisinglylittlewrongwiththeGDP,andmostalternativeQOLmeasuresdonotoutperformGDP.Yet,onemeasureactuallydoesabetterjob:theOECDsBetterLifeIndexwhichisparticularlyeffectivewhenitcomestopredictingsubjectivewellbeingintherichestOECDcountries.Insum,thechapterdemonstratesthatahappinessperspectivecanaddimportantinsightsalongthewaytofacilitatethesearchforanew,widelyaccepted,internationallycomparablemeasureofwellbeing.

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AboutthisChapter

TitleAHappinessTestfortheNewMeasuresofNationalWellBeing:HowMuchBetterthanGDPareThey?

BookTitleHumanHappinessandthePursuitofMaximization

BookSubtitleIsMoreAlwaysBetter?

Pagespp191210

Copyright2013

DOI10.1007/9789400766099_14

PrintISBN9789400766082

OnlineISBN9789400766099

SeriesTitleHappinessStudiesBookSeries

SeriesISSN22137513

PublisherSpringerNetherlands

CopyrightHolderSpringerScience+BusinessMediaDordrecht

AdditionalLinks

AboutthisBook

Topics

QualityofLifeResearch

PositivePsychology

BehaviouralSciences

FinancialEconomics

eBookPackages

eBookPackageenglishHumanities,SocialSciences&Law

eBookPackageenglishfullCollection

Editors

HilkeBrockmann (3)

JanDelhey(4)

EditorAffiliations

3.,SchoolofHumanitiesandSocialSciences,JacobsUniversityBremen

4.SchoolofHumanitiesandSocialSciences,JacobsUniversity

Authors

JanDelhey(1)

ChristianKroll(2)

AuthorAffiliations

1.SchoolofHumanitiesandSocialSciences,JacobsUniversityBremen,Bremen,Germany

2.BremenInternationalGraduateSchoolofSocialSciences,Bremen,Germany

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