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

Research output: Contribution to journalArticle

1 Citation (Scopus)

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

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well-being
Economics
Gross Domestic Product
economics
gross domestic product
Crime
Administrative Personnel
Health Education
economist
offense
income
health
Well-being
Metropolitan
education
time
Health
Politicians
Economists
Usefulness

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)

Cite this

Economic Well-Being in U.S. Metropolitan Statistical Areas. / Medcalfe, Simon K.

In: Social Indicators Research, Vol. 139, No. 3, 01.10.2018, p. 1147-1167.

Research output: Contribution to journalArticle

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