Rafael Martin Consing III, Michael John Barsabal, Julian Thomas B. Alvarez, M. Mariasingham
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The Wellness Economy: A Comprehensive System of National Accounts Approach
This working paper explains how to derive indicators for a country’s wellness sector using the system of national accounts framework. It also provides estimates of these indicators for 10 countries in developing Asia across 2 time periods. Estimates include the wellness sector’s production and employment linkages with nonwellness sectors and potential losses in production and employment if the wellness sector were hypothetically extracted from each economy.