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INTEGRATED ENVIRONMENTAL-ECONOMIC ACCOUNTING OF GDP AgEcon
Qi, Shunrong; Xu, Lan; Coggins, Jay S..
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.
Tipo: Conference Paper or Presentation Palavras-chave: Community/Rural/Urban Development; Environmental Economics and Policy.
Ano: 2001 URL: http://purl.umn.edu/20582
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METHODOLOGY FOR INTEGRATED ENVIRONMENTAL-ECONOMIC ANALYSIS OF GDP AND PRODUCTIVITY AgEcon
Qi, Shunrong; Coggins, Jay S.; Xu, Lan.
The paper provides a methodology that is feasibly implemented for integrated environmental-economic (or 'green') GDP accounting and productivity measurement. The shadow prices for environmental inputs, which enable us to calculate green GDP and to design a pollution tax scheme and tradable permit system for social optimum, can be derived. The development of the statistics of green GDP and green productivity growth provides a fundamental component of policy-making for socially optimal growth and of formulating the market mechanisms for environmental management.
Tipo: Conference Paper or Presentation Palavras-chave: Environmental Economics and Policy; Productivity Analysis.
Ano: 2001 URL: http://purl.umn.edu/20682
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