Author

  • Ahmad Jafari Samimi

    • University of Mazandaran, Babolsar, Iran
    • Iran, Islamic Republic of

  • Kaveh Derakhshani Darabi

    • University of Mazandaran, Babolsar, Iran
    • Iran, Islamic Republic of

Abstract

GDP per capita often used in judgment about countries economic well-being, but any judgment based on it ignores some issues, therefore argues that a better index of economic well-being is IEWB (Index of Economic Well-being). Stevenson and Wolfers (2008), and Osberg and Sharpe (2001), mentioned that there is a positive relationship between GDP per capita and IEWB .in this paper we study a causal relationship between them; to this purpose we use the data of selected high income countries during 1980-2007.Finding shows that GDP is granger causal of IEWB except Norway that there aren’t any causal relationship between GDP and IEWB.

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References

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How to Cite

Samimi, A. J., & Darabi, K. D. (2011). GDP and Economic Well-being: New Evidence from Selected Developed Countries. Information Management and Business Review, 3(2), 63-67. https://doi.org/10.22610/imbr.v3i2.918

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Copyright (c) 2011 Ahmad Jafari Samimi, Kaveh Derakhshani Darabi (Author)

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Research Paper

Published in

Vol. 3 No. 2 (2011) Human Capital, Economic Growth & Foreign Investment View issue contents

Published

2011-08-15

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