THE WELL‐BEING OF NATIONS: ESTIMATING WELFARE FROM INTERNATIONAL MIGRATION. (8th April 2021)
- Record Type:
- Journal Article
- Title:
- THE WELL‐BEING OF NATIONS: ESTIMATING WELFARE FROM INTERNATIONAL MIGRATION. (8th April 2021)
- Main Title:
- THE WELL‐BEING OF NATIONS: ESTIMATING WELFARE FROM INTERNATIONAL MIGRATION
- Authors:
- Lee, Sanghoon
Lee, Seung Hoon
Lin, Jeffrey - Abstract:
- Abstract: The limitations of GDP as a measure of welfare are well known. We propose a new method of estimating the well‐being of nations. Using gross bilateral international migration flows and a discrete choice model in which everyone in the world chooses a country in which to live, we estimate each country's overall quality of life. Our estimates, by relying on revealed preference, complement previous estimates of well‐being that consider only income or a small number of factors, or rely on structural assumptions about how these factors contribute to well‐being.
- Is Part Of:
- International economic review. Volume 62:Number 3(2021)
- Journal:
- International economic review
- Issue:
- Volume 62:Number 3(2021)
- Issue Display:
- Volume 62, Issue 3 (2021)
- Year:
- 2021
- Volume:
- 62
- Issue:
- 3
- Issue Sort Value:
- 2021-0062-0003-0000
- Page Start:
- 1111
- Page End:
- 1130
- Publication Date:
- 2021-04-08
- Subjects:
- Economics -- Periodicals
330.05 - Journal URLs:
- http://onlinelibrary.wiley.com/ ↗
- DOI:
- 10.1111/iere.12511 ↗
- Languages:
- English
- ISSNs:
- 0020-6598
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - 4539.791000
British Library DSC - BLDSS-3PM
British Library HMNTS - ELD Digital store - Ingest File:
- 18876.xml