Measuring Victoria

Clarke, Matthew and Lawn, Philip 2005, Measuring Victoria, Economic papers - economic Society of Australia, vol. 24, no. 4, pp. 368-389.

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Title Measuring Victoria
Author(s) Clarke, Matthew
Lawn, Philip
Journal name Economic papers - economic Society of Australia
Volume number 24
Issue number 4
Start page 368
End page 389
Publisher Economic Society of Australia
Place of publication Rosebery, N.S.W
Publication date 2005-12
ISSN 0812-0439
Keyword(s) Victoria
genuine progress indicator
Summary Efforts to integrate measures of well-being and sustainability have long existed within the literature. A recent approach is the Genuine Progress Indicator (GPI). The GPI is a monetary-based index that has been designed to ascertain the impact of a growing economy on sustainable well-being. The GPI is comprised of a large number of individual items that account for these wide-ranging impacts of economic growth, including social and environmental benefits and costs as well as those of the standard economic variety. Within this paper, the methodology of the GPI is presented. The impact of economic growth on sustainable well-being is also briefly reviewed for Victoria. This analysis is conducted by estimating a GPI for Victoria over the period 1986-2003.
Language eng
Field of Research 140202 Economic Development and Growth
HERDC Research category C1.1 Refereed article in a scholarly journal
Copyright notice ©Economic Society of Australia 2005
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