Environmentally adjusted GDP as an indicator of economic development
Анотація
The article substantiates the necessity of taking into account the state of natural capital in macro-economic analysis of GDP. The article describes the idea of the indicator “green GDP” and the method of its calculation. For the first time, the article presents the results of a calculation of Ukraine’s environmentally adjusted GDP in 2001–2007 and shows the discrepancy between traditionally calculated and environmentally adjusted “green GDP” of Ukraine, as well as the quantitative losses of the national economy due to the degradation of the environment during this period.
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