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Academic Journal of Business & Management, 2023, 5(12); doi: 10.25236/AJBM.2023.051218.

Design of GGDP accounting system based on multiple regression model

Author(s)

Yuanfei Zhang

Corresponding Author:
Yuanfei Zhang
Affiliation(s)

Economic Academy, Nanjing University of Finance and Economics, Nanjing, 210023, China

Abstract

In order to analyze the impact of the implementation of green GDP on climate and natural resources, this paper first selects a suitable GGDP accounting formula. Secondly, this paper chooses seven indicators to measure the value of natural resource loss in various countries, and uses multiple regression model to analyze carbon emissions. Again, the reduction of energy consumption will cause some economic losses in the short term and compared with the positive impact of GGDP on mitigating global warming. Finally, taking China as the analysis object, the mathematical model of natural resource consumption and green GDP is established by adding ecological protection effect to the original GGDP formula. Comprehensive analysis shows that the use of GGDP will help China reduce the consumption of natural resources. Compared with traditional GDP, the reduction of natural resource consumption will cause short-term economic losses, but will bring more long-term economic growth.

Keywords

GGDP Index; Carbon emission; Multiple Regression Model

Cite This Paper

Yuanfei Zhang. Design of GGDP accounting system based on multiple regression model. Academic Journal of Business & Management (2023) Vol. 5, Issue 12: 105-111. https://doi.org/10.25236/AJBM.2023.051218.

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