How does Green GDP impact the measurement of economic productivity?

Economics Green Gdp Questions



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How does Green GDP impact the measurement of economic productivity?

Green GDP impacts the measurement of economic productivity by taking into account the environmental costs and benefits associated with economic activities. It includes the value of natural resources and ecosystem services, as well as the costs of pollution and environmental degradation. By incorporating these factors, Green GDP provides a more comprehensive and accurate measure of economic productivity that considers the sustainability and long-term impacts of economic growth.