Green GDP: an analysis for developing and developed countries

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dc.contributor.authorStjepanović, Saša
dc.contributor.authorTomić, Daniel
dc.contributor.authorŠkare, Marinko
dc.contributor.otherEkonomická fakultacs
dc.date.accessioned2019-11-28T10:20:11Z
dc.date.available2019-11-28T10:20:11Z
dc.description.abstractA frequently asked question lately is whether the traditional measures of a country’s level of economic activity and progress, such as gross domestic product or gross national product, fail to account for the environmental issues. While these measures are highly reliable indicators that reflect the economic performance of a country, they largely ignore the depreciation of assets, non-market economy and especially the damages to the environment caused by growth. There is a consensus that these indicators, (especially) according to the concepts of sustainable development and green growth, appear to be poor measurements. Measuring progress on a complex and multi-dimensional scale and identifying relevant indicators are challenging tasks. No agreement exists yet on an analytical framework or a set of indicators to sustainable economic growth. Building the research on the alternative Green GDP measurement our goal is to provide an alternative ranking scheme by comprehensively considering both quantitative (common methodological algorithm) and qualitative (opportunity costs) features of the so-called green growth. The analysis will be demonstrated by calculating the Green GDP indicator for the variety of developing and developed countries for the period 2008-2016. Namely, our results could serve to improve the level of debate on different green indicators and inform the wider public. We see this paper as a step forward for a growing academic platform on ‘green economy topics’, a step pointed towards improving, amending, evolving and promoting further development of green growth measurements and indicators.en
dc.formattext
dc.identifier.doi10.15240/tul/001/2019-4-001
dc.identifier.eissn2336-5604
dc.identifier.issn1212-3609
dc.identifier.urihttps://dspace.tul.cz/handle/15240/154260
dc.language.isoen
dc.publisherTechnická Univerzita v Libercics
dc.publisherTechnical university of Liberec, Czech Republicen
dc.publisher.abbreviationTUL
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dc.relation.ispartofEkonomie a Managementcs
dc.relation.ispartofEconomics and Managementen
dc.relation.isrefereedtrue
dc.rightsCC BY-NC
dc.subjectGreen GDPen
dc.subjectgreen growthen
dc.subjectsustainable developmenten
dc.subjectenvironment and ecologyen
dc.subjecta cross-country analysisen
dc.subject.classificationE01
dc.subject.classificationO10
dc.subject.classificationQ56
dc.titleGreen GDP: an analysis for developing and developed countriesen
dc.typeArticleen
local.accessopen
local.citation.epage17
local.citation.spage4
local.facultyFaculty of Economics
local.filenameEM_4_2019_01
local.fulltextyes
local.relation.abbreviationE+Mcs
local.relation.abbreviationE&Men
local.relation.issue4
local.relation.volume22
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