Project report: a Welsh index of sustainable economic welfare

The ISEW : not an index of sustainable economic welfare

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9. Some constructive criticisms of the Index of Sustainable Economic Welfare

The Index of Sustainable Economic Welfare (ISEW) was first calculated for the United States by Daly and Cobb (1989). It draws upon an earlier tradition of attempts to build a comprehensive indicator of economic welfare, beginning with Nordhaus and Tobin (1972). Since then it has been applied to a handful of other countries, including several in Western Europe as well as Australia, Chile and Tha...

Pay Inequalities and Economic Performance Project report

A pragmatist's approach to pathology costing: the Welsh Datatree project.

The Datatree costing project in Wales has provided the Welsh pathology laboratories with a standard costing package that allows pathologists to understand how their own laboratory's test costs are compiled. The software provides answers to the question "what if? ..." and shows instantly the effect of salary or consumable cost alterations. Resource management at a laboratory level is enhanced by...

An Economic Interpretation of Colombia’s SISBEN: A Composite Welfare Index Derived from the Optimal Scaling Algorithm

SISBEN is a proxy means test index widely used as a targeting system for social programs in Colombia. It serves as an indicator of households’ economic well-being and is based on a crosssection sample of Colombian households. The SISBEN index is a function of a set of variables related to the consumption of durable goods, human capital endowment and current income. SISBEN was created with the p...