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Chapter Twenty-One:

Chapter Twenty-One:. Macroeconomic Measurement: Environmental and Social Dimensions. Why GDP is Not a Measure of Well-Being. Figure 21.1: Average Subjective Well-Being and GDP per Capita.

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Chapter Twenty-One:

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  1. Chapter Twenty-One: Macroeconomic Measurement: Environmental and Social Dimensions

  2. Why GDP is Not a Measure of Well-Being

  3. Figure 21.1: Average Subjective Well-Being and GDP per Capita Sources: SWB from World Values Survey online data analysis, 2005–2008 survey wave; GDP from World Development Indicators online database

  4. Alternative Approaches to Representing Well-Being

  5. Table 21.1: Genuine Progress Indicator, United States, 2004 Talberth et al., The Genuine Progress Indicator 2006: A Tool for Sustainable Development. Redefining Progress, 2007, pp. 1–2. http://rprogress.org.

  6. Figure 21.2: Comparison of GDP and GPI per Capita, United States, 1970-2004 Gross Domestic Product GDP and GPI Per Capita (2000 US $) Genuine Progress Indicator Talberth et al., The Genuine Progress Indicator 2006: A Tool for Sustainable Development. Redefining Progress, 2007, pp. 1–2. http://rprogress.org.

  7. Figure 21.3: New Zealand’s Auckland Regional GPI vs. DP, 1990-2006 Source: McDonald, et al., 2009

  8. Figure 21.4: Components of the GPI for Maryland, 1960-2010 Source: http://www.green.maryland.gov/mdgpi/mdgpioverview.asp

  9. Figure 21.5: Selected Countries as Ranked in the Human Development Index Source: UNDP, Human Development Report, 2011 data

  10. Accounting for the Environment

  11. Figure 21.6 Indonesian GDP Adjusted for Resource Depreciation Source: Repetto, Robert, et al. (1989), Wasting Assets: Natural Resources in the National Income Accounts. Washington, D.C.: World Resources Institute.

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