Net economic welfare

Net economic welfare

Net Economic Welfare is a proposed national income measure that attempts to put a value on the costs of pollution, crime, congestion, and other 'negative' spinoffs, in order to find a better measure of true national income. To date, it has not been widely adopted.[1]

Reference

  1. ^ Perkins, Dwight H., Steven Radelet and David L. Lindauer. 2006. Economics of Development. Sixth Edition. W.W. Norton & Company. New York, London. 864 p.

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