Skip to main content
Article thumbnail
Location of Repository

Economic well-being and British regions: the problem with GDP per capita

By David Harvie, Bruce Philp, Gary Slater and Dan Wheatley

Abstract

An earlier draft of this work was presented at the April 2007 Regional Studies Association conference, in Lisbon.Economists and policy-makers often present per capita GDP as by far the most significant\ud indicator of economic well-being. Such measures are frequently adopted in making\ud international comparisons, constructing time-series for particular countries and in studies of regional inequality. In this paper we challenge this view using a regional analysis of 2001 data focusing upon differences between London and the south-eastern regions, in comparison to the rest of Great Britain (GB). Initially GDP per capita is decomposed into the demographic and labour-market factors which generate it. Thereafter we broaden the notion of work-time used in productivity measures to include other necessary work-related activity, namely commuting. This leads to us to construct a new indicator which we call social productivity. Our conclusion is that our decomposition and notion of social productivity are both relevant in comparisons of regional well-being; in addition such methods may be used\ud fruitfully in international and historical contexts

Year: 2007
OAI identifier: oai:lra.le.ac.uk:2381/2678

Suggested articles

Citations

  1. (1998). An Economists’ Manifesto on Unemployment in the European Union’. Banco Nazionale Del Lavoro Quarterly Review
  2. (1976). Capital: A Critique of Political Economy, Volume I. London: doi
  3. (1998). Commute variability and strain. doi
  4. (2003). Does commuting distance matter? Commuting tolerance and residential change. doi
  5. (2004). Economic consequences of mispredicting utility. doi
  6. (1997). Economic Growth in East Asian and Western Europe Since 1950: Implications for Living Standards. doi
  7. (2002). Hours worked: a comparison of estimates from the Labour Force and New Earnings Survey’,
  8. (2005). How should we measure the ‘economic’ aspects of wellbeing?’, doi
  9. (1999). International comparisons of labor productivity and per capita income’, Monthly Labor Review,
  10. (2006). Introduction’, doi
  11. (2003). Life’s Work: An Introduction, Review and Critique’. doi
  12. (2004). London’s Place in the UK
  13. (1999). Longer distance commuting as a substitute for migration in Britain: A review of trends, issues and implications. doi
  14. (2003). Measuring social welfare: application of social choice theory’, doi
  15. (1995). Monitoring the World Economy, doi
  16. (2007). Older people in low income’ The Poverty Site www.poverty.org.uk/38/index.shtml (accessed 3/08/07) O’Connor,
  17. (1994). Oltre la legge di valore,
  18. (2005). Preferences, Power and the Determination of Working Hours’, doi
  19. (2001). Productivity in the UK: The Regional Dimension, London: HM Treasury.
  20. (2001). Regional accounts 1999: part 1, regional gross domestic product’,
  21. (1998). Regional Dimensions of Europe’s Unemployment Crisis’.
  22. (1973). Royal Commission on the Constitution (Kilbrandon Commission). Cmnd 5460-1.
  23. (2006). Spatial Determinants of Productivity: Analysis for the Regions of Great Britain. doi
  24. (2006). The East’,
  25. (1985). The Geopolitics of Capitalism’, doi
  26. (1999). The journey to work: a century of change’. doi
  27. (1970). The Wealth of Nations, Books I–III, doi
  28. (2003). Three into one: joining up the Greater South East’,
  29. (1998). Trends in commuting in England and Wales – becoming less sustainable? doi
  30. (2000). UK regional gross domestic product (GDP): Methodological guide’, Economic Trends,
  31. (2001). Wherever Next: Work in a Mobile World. London: The Industrial Society.

To submit an update or takedown request for this paper, please submit an Update/Correction/Removal Request.