Economic Well-Being in U.S. Metropolitan Statistical Areas

Research output: Contribution to journalArticle

1 Scopus citations

Abstract

In recent years there has been increased interest from economists and policy makers to measure a nation’s economic well-being. This paper extends this development to US Metropolitan Statistical Areas (MSAs). An economic well-being index is constructed using indicators of income, education, crime, health and pollution. The analysis allows comparison of a MSA with another and with itself over time. The index is not highly correlated with real gross domestic product per capita and therefore adds value to the discussion of economic well-being in MSAs. However, it is shown that the index may violate social choice principles thereby reducing its usefulness.

Original languageEnglish (US)
Pages (from-to)1147-1167
Number of pages21
JournalSocial Indicators Research
Volume139
Issue number3
DOIs
StatePublished - Oct 1 2018

Keywords

  • Community quality of life
  • Economic well-being
  • Measurement
  • Quality of life
  • Quality of place
  • USA

ASJC Scopus subject areas

  • Developmental and Educational Psychology
  • Arts and Humanities (miscellaneous)
  • Sociology and Political Science
  • Social Sciences(all)

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