Missed opportunities? Human welfare in Western Europe and the United States, 1913-1950
Principal Investigator(s): View help for Principal Investigator(s) Daniel Gallardo-Albarrán, University of Groningen
Version: View help for Version V1
Name | File Type | Size | Last Modified |
---|---|---|---|
Replication_Missed_Opportunities | 11/28/2018 08:44:AM |
Project Citation:
Gallardo-Albarrán, Daniel. Missed opportunities? Human welfare in Western Europe and the United States, 1913-1950. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2018-11-28. https://doi.org/10.3886/E107501V1
Project Description
Summary:
View help for Summary
GDP suggests that the period 1913-1950
is one of missed opportunities for improving living standards in Europe. However,
life in Europe during these years improved significantly, as citizens experienced
dramatic declines in mortality, working time and inequality. To measure the
contribution of these aspects to broader welfare, I apply a new theoretically-grounded
indicator that, contrary to previous measures used in the literature, allows
for a direct comparison with GDP across countries and time. I find that income
underestimates welfare growth significantly (up to 2.2 percent annually) and
that cross-country differences are larger and more persistent than other welfare
measures imply. This article calls for a reappraisal of the evolution of living
standards during the period 1913-1950 and, more generally, presents an
application of a new indicator to measure multi-dimensional welfare in
historical contexts.
Scope of Project
Subject Terms:
View help for Subject Terms
economic history;
welfare;
health
Related Publications
Published Versions
Report a Problem
Found a serious problem with the data, such as disclosure risk or copyrighted content? Let us know.
This material is distributed exactly as it arrived from the data depositor. ICPSR has not checked or processed this material. Users should consult the investigator(s) if further information is desired.