Research Repository

The Relationship between National Income and Health: A New Measure Applied to Bangkok

Clarke, Matthew and Islam, Sardar M. N (2005) The Relationship between National Income and Health: A New Measure Applied to Bangkok. Progress in Development Studies, 5 (3). pp. 182-198. ISSN 1464-9934

Full text for this resource is not available from the Research Repository.

Abstract

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.

Item Type: Article
Uncontrolled Keywords: ResPubID9551, cost–benefit analysis, health, national income, social choice, welfare
Subjects: Faculty/School/Research Centre/Department > Centre for Strategic Economic Studies (CSES)
FOR Classification > 1401 Economic Theory
Depositing User: VUIR
Date Deposited: 18 Apr 2012 01:49
Last Modified: 04 Mar 2015 22:42
URI: http://vuir.vu.edu.au/id/eprint/2714
DOI: 10.1191/1464993405ps110oa
ePrint Statistics: View download statistics for this item

Repository staff only

View Item View Item

Search Google Scholar