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The amount of internet activity that actually shows up in GDP Google's ad sales, for example—significantly understates its contribution to welfare by excluding the consumer surplus that accrues to Google's users.
Overall expenditure on improved housing plays a diverse and variable role in its contribution to welfare, security, prestige and income-generation.
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Although Esping-Andersen (1990 , 1999 did not address housing in his major contributions to welfare regime theory, his work contributed to the understanding of country differences in the intergenerational transmission of homeownership.
Kenneth J. Arrow, in full Kenneth Joseph Arrow (born Aug. 23, 1921, New York, N.Y., U.S.) American economist known for his contributions to welfare economics and to general economic equilibrium theory.
August 23 , 1921New York City, New York Kenneth J. Arrow, in full Kenneth Joseph Arrow (born Aug. 23, 1921, New York, N.Y., U.S.) American economist known for his contributions to welfare economics and to general economic equilibrium theory.
November 3 , 1933Shantiniketan, India Amartya Sen, (born November 3 , 1933 Santiniketan, India) Indian economist who was awarded the 1998 Nobel Prize in Economic Sciences for his contributions to welfare economics and social choice theory and for his interest in the problems of society's poorest members.
He was awarded the 1998 Nobel Prize in Economics "for his contributions to welfare economics" and was the first Asian to receive this honor.
In terms of the contributions to welfare, the main links in the long run are almost the same as those verified for GDP.
Therein lies a contribution to human welfare which non-Catholics can admire.
This may not be the best measure of technology's contribution to social welfare.
The winners have demonstrated innovative, pioneering work and made an outstanding contribution to social welfare in their communities.
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