Proceedings of the 2023 2nd International Conference on Public Service, Economic Management and Sustainable Development (PESD 2023)

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Research on China’s Green GDP Based on VAR Model

Authors
Chuzhe Chen1, Yusheng Wang2, *
1Wuhan Britain-China School, Wuhan, China
2School of Statistics and Mathematics, Zhongnan University of Economics and Law, Wuhan, China
*Corresponding author. Email: lcyn_0523@163.com
Corresponding Author
Yusheng Wang
Available Online 10 January 2024.
DOI
10.2991/978-94-6463-344-3_31How to use a DOI?
Keywords
Green GDP; Entropy weight method; VAR model; Linear regression model
Abstract

This paper aims to address the traditional GDP’s inability to reflect environmental protection and sustainable development concerns. A new GGDP evaluation system is constructed, which complements and modifies the traditional GDP. The entropy weight method is utilized in constructing the climate composite index, and the vector autoregressive model is developed using GGDP. The dynamic relationship between GGDP and the climate composite index is explored, and impulse response analysis is employed to probe the impact of GGDP on the climate composite index. Finally, China is taken as an example to compare the impact of GGDP and GDP on climate. The findings demonstrate that GGDP, which considers the effects of natural environment, can reduce greenhouse gas and wastewater emissions. Nonetheless, it does not benefit forestry construction.

Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2023 2nd International Conference on Public Service, Economic Management and Sustainable Development (PESD 2023)
Series
Advances in Economics, Business and Management Research
Publication Date
10 January 2024
ISBN
978-94-6463-344-3
ISSN
2352-5428
DOI
10.2991/978-94-6463-344-3_31How to use a DOI?
Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Chuzhe Chen
AU  - Yusheng Wang
PY  - 2024
DA  - 2024/01/10
TI  - Research on China’s Green GDP Based on VAR Model
BT  - Proceedings of the 2023 2nd International Conference on Public Service, Economic Management and Sustainable Development (PESD 2023)
PB  - Atlantis Press
SP  - 253
EP  - 266
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-344-3_31
DO  - 10.2991/978-94-6463-344-3_31
ID  - Chen2024
ER  -