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Time series analysis of the ISEW at the local (regional) level: method and intent

descriptionPublicationkeyboard_double_arrow_right Conference object , Other literature type , Part of book or chapter of book 22 Nov 2006 Germany, Italy Publisher:WIT PressJournal:WIT Transactions on Ecology and the Environment, Vol 99, volume I, pages 105-114 (issn: 1746-448X, eissn: 1743-3541,

Authors: CIAMPALINI, F.; RIDOLFI, R.; PULSELLI, F. M.; MARCHETTINI, N.;

doi: 10.2495/rav060111

handle: 11365/2891

Time series analysis of the ISEW at the local (regional) level: method and intent

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Abstract

This paper presents a time series analysis of the Index of Sustainable Economic Welfare (ISEW). It is a measure, alternative to GDP, that in accordance with the principles of sustainability takes into consideration environmental and social aspects within the traditional economic accounting system. The Index is calculated for an Italian Province from 1971 to 2003 and it will be compared with the provincial GDP during the same period. A growing gap between the two monetary values (GPI grows faster then ISEW) has been occurring consistently with the national trend. This means that part of the wealth which GDP asserts does not correspond to welfare. The ISEW monetizes this gap in order to orient decisions for a more sustainable way of life and more correct policies.

Countries

Germany, Italy

Related Organizations

University of Siegen
Germany
University of Siena
Italy

Keywords

ISEW, welfare, GDP; ISEW; welfare; sustainability; ecological economics, sustainability, ecological economics, GDP

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