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Irving Fisher and the Contribution of Improved Longevity to Living Standards

Dados Bibliográficos

ID2801068
AutoresWilliam D Nordhaus (0000-0002-7036-0656, National Bureau of Economic Research, autor correspondente)
Ano2005
Volume64
Fascículo1
Páginas367-392
Data de publicação2005-01-01
Peer ReviewedSim
Open AccessSim
TipoARTICLE
PeriódicoAmerican Journal of Economics and Sociology (JOURNAL)
Identificadores do periódicoISSN: 0002-9246 • E-ISSN: 1536-7150
EditoraWiley (PUBLISHER • GB)
DOI10.1111/j.1536-7150.2005.00367.x
OpenAlexW2045098443
IdiomaEN
Citações recebidas6
Referências citadas11

It is not widely recognized that conventional measures of national income and output exclude the value of improvements in the health status of the population. The present study discusses the theory of the measurement of national income, proposes a new concept called "health income" that can be used to incorporate improvements in health status, and applies the theory to data for the United States over the 20th century. It concludes that accounting for improvements in the health status would, over the twentieth century in the United States, make a substantial difference to our measures of economic welfare

Actuarial science · Economics · Environmental health · Longevity · Macroeconomics · Measures of national income and output · National accounts · Population · Public economics · Standard of living · Statistics · Value (mathematics) · Welfare · Accounting · Economic Growth and Productivity · Global Health Care Issues · Income, Poverty, and Inequality · Mathematics · Medicine · Gerontology

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    Open Access•Frank R Lichtenberg•Economics & Human Biology•2022

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    Open Access•Alvaro Castano Garcia, Anna Ambrose et al.•Energy Research & Social Science•2021

  • A critique of the perceived solid conceptual foundations of Isew & GPI — Irving Fisher's cognisance of human-health capital in ‘net psychic income’

    Open Access•A J Brennan•Ecological Economics•2013

  • The failure of the Isew and GPI to fully account for changes in human-health capital — A methodological shortcoming not a theoretical weakness

    Open Access•Philip Lawn•Ecological Economics•2013

  • The Longevity Gap Between Black and White Men in the United States at the Beginning and End of the 20th Century

    Frank A Sloan, Padmaja Ayyagari et al.•American Journal of Public Health•2010

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    United Nations Development Programme•Human Development Report 1997•1997

  • The Measurement of Economic Growth

    Jacques de Bandt, Dan Usher•Revue économique•1981

  • Measurement of Economic Growth

    Open Access•Simon Kuznet, Simon Kuznets•The Journal of Economic History•1947

  • Human Development Report, 1997

    Victor D Lippit•Economic Development and Cultural…•2000

Obras citantes distintas6
Citações por ano0,38
Intervalo de citações2010 - 2022 (13)
Velocidade de citaçãohistorical
Altamente citadoNão
Tipos de citaçãoNeutras: 5
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