Estimates of the Genuine Progress Indicator (GPI) for Oregon from 1960-2010 and recommendations for a comprehensive shareholder's report
Kubiszewski, Ida; Costanza, Robert; Gorko, Nicole E.; Weisdorf, Michael A.; Carnes, Austin W.; Collins, Cathrine E.; Franco, Carol; Gehres, Lillian R.; Knobloch, Jenna M.; Matson, Gayle E.; Schoepfer, Joan D.
The Genuine Progress Indicator (GPI) is a significantly more comprehensive approach to assessing economic progress than conventional measures, such as Gross Domestic Product (GDP). We estimated the GPI for the state of Oregon from 1960-2010. We found that it tracked the Gross State Product (GSP) for the period 1970-2000, but began to diverge and flatten out in 2000. The major reasons for this divergence were increasing inequality, loss of farmland, and decreasing personal consumption...[Show more]
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