Abstract

GDP is a standard indicator of economic development. However, it ignores resource consumption and other factors and does not effectively reflect the inherent defects of the economic growth level. To comprehensively measure the sustainability of economic and environmental conditions, this paper, based on the GDP accounting system, considers resource consumption and environmental pollution in the development process and establishes the GGDP accounting system reflecting sustainable development. Specifically, this paper defines GGDP and analyzes four direct and three indirect influences of GGDP on environmental consumption cost. It uses the entropy weight method - coefficient of variation method to build the GGDP optimization model and finally gets the direct factor weight of 0.522 and indirect factor weight of 0.478.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.