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The biocapacity adjusted economic growth. Developing a new indicator
handle: 11365/1125428
The environment may constrain economic growth potential. In other words, economic growth cannot be pursued in spite of ecological limits any longer. Here we present an economic growth indicator adjusted by taking into account the current tendency of national economies to overcome the availability of natural resources and ecological dynamics. We combine two indicators: 1) the Output Gap, a measure of production capacity of the economy based on the difference between actual and potential GDP, as a per cent of potential GDP; 2) the difference between the Ecological Footprint and the Biocapacity of a country, systemic indicators representing the extent to which a country operates within or beyond ecological limits. That combination gives rise to the Biocapacity Adjusted Economic Growth indicator which enables a categorization of countries based on assessment of growth patterns in line or not with sustainability principles.
Risk, 330, Ecology, Output Gap, General Decision Sciences, Ecological Footprint, Energy Research, Sustainability, OECD, Ecological Footprint; OECD; Output Gap; Risk; Sustainability, Ecology, Evolution, Behavior and Systematics, QH540-549.5
Risk, 330, Ecology, Output Gap, General Decision Sciences, Ecological Footprint, Energy Research, Sustainability, OECD, Ecological Footprint; OECD; Output Gap; Risk; Sustainability, Ecology, Evolution, Behavior and Systematics, QH540-549.5
citations This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).19 popularity This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.Top 10% influence This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).Average impulse This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.Top 10%
