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Integrated Environmental-Economic Accounting Of Gdp

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  • Qi, Shunrong
  • Xu, Lan
  • Coggins, Jay S.

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.

Suggested Citation

  • Qi, Shunrong & Xu, Lan & Coggins, Jay S., 2001. "Integrated Environmental-Economic Accounting Of Gdp," 2001 Annual meeting, August 5-8, Chicago, IL 20582, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  • Handle: RePEc:ags:aaea01:20582
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    File URL: http://purl.umn.edu/20582
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    References listed on IDEAS

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    4. Qi, Shunrong & Coggins, Jay S. & Xu, Lan, 2001. "Methodology For Integrated Environmental-Economic Analysis Of Gdp And Productivity," 2001 Annual meeting, August 5-8, Chicago, IL 20682, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
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    Cited by:

    1. Vernon W. Ruttan, 2002. "Productivity Growth in World Agriculture: Sources and Constraints," Journal of Economic Perspectives, American Economic Association, vol. 16(4), pages 161-184, Fall.
    2. repec:ssi:jouesi:v:4:y:2017:i:4:p:574-590 is not listed on IDEAS

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