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The relationship between national income and health : a new measure applied to Bangkok
The importance of good health of a population is crucial when determining social welfare. A new health-adjusted national income indicator that explores the relationships between economic growth, health and social welfare in Bangkok, Thailand from 1975 to 1999 is applied. This new approach to social welfare analysis is based on normative social choice theory, cost–benefit and systems analysis and is called (new)3 welfare economics. This paper argues that traditional measures of welfare, such as national income, fail to reflect accurately the impact of health on social welfare.
History
Journal
Progress in development studiesVolume
5Issue
3Pagination
182 - 198Publisher
Sage Publications India Pty. Ltd.Location
IndiaPublisher DOI
ISSN
1464-9934Language
engNotes
The final, definitive version of this article has been published in the Journal, Progress in Development Studies, Vol.5, Issue 3, 2005, © Edward Arnold (Publishers) Ltd, 2005 by SAGE Publications Ltd at the Progress in Development Studies page: http://pdj.sagepub.com/cgi/content/abstract/5/3/182.sagepub.com/ on SAGE Journals Online: http://online.sagepub.com/Publication classification
C1.1 Refereed article in a scholarly journalCopyright notice
2005, Edward Arnold (Publishers) LtdUsage metrics
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