INTEGRATED ENVIRONMENTAL-ECONOMIC ACCOUNTING OF GDP
Shunrong Qi,
Lan Xu and
Jay Coggins
No 20582, 2001 Annual meeting, August 5-8, Chicago, IL from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)
Abstract:
Conventional measures of gross domestic product (GDP) fail to account for the effect of economic activity on the environment. Integrated environmental-economic (or 'green') GDP is calculated using a data-envelopment-analysis (DEA) framework. For this purpose a dynamic cross-country technology is specified and estimated. Deriving Green GDP involves subtracting the inner product of the vectors of shadow prices and environmental degradation variables from conventional GDP.
Keywords: Community/Rural/Urban Development; Environmental Economics and Policy (search for similar items in EconPapers)
Pages: 18
Date: 2001
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea01:20582
DOI: 10.22004/ag.econ.20582
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