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Academic Journal of Business & Management, 2023, 5(8); doi: 10.25236/AJBM.2023.050808.

The Impact of GGDP on the Global Climate

Author(s)

Mao Mengjie, Wang Xiaohan, Zhang Yunqian

Corresponding Author:
Mao Mengjie
Affiliation(s)

School of Mathematics and Physics, Xi 'an Jiaotong-Liverpool University, Suzhou, China

Abstract

Green GDP (GGDP) incorporates environmental and sustainability considerations alongside traditional GDP, thereby fostering policies and initiatives that prioritize the well-being of our planet's ecosystem. This study investigates the global impact of GGDP on climate, population, and other factors by gathering data on GGDP determinants, climate, and population from various countries and developing relevant machine learning models. Subsequently, the study examined sustainable human development and the relationship between population, economic, and environmental changes in the United States. A linear correlation between GDP and CO2 emissions, as well as GGDP and CO2, was established using the least squares method to analyse GGDP's environmental optimization with respect to CO2 emissions. Lastly, a model was devised to evaluate the connection between economic development, the capacity to support future generations (linked to education and healthcare expenditures), and gross national income in China, based on data from earlier inquiries.

Keywords

GDP, GGDP, Carbon dioxide emissions

Cite This Paper

Mao Mengjie, Wang Xiaohan, Zhang Yunqian. The Impact of GGDP on the Global Climate. Academic Journal of Business & Management (2023) Vol. 5, Issue 8: 44-49. https://doi.org/10.25236/AJBM.2023.050808.

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