Jan 5, 2024
Research on the Application of GGDP Model in Developing Country
Green Gross Domestic Product (GGDP) refers to the environmentally adjusted gross domestic product (GDP) after deducting the
consumption of natural capital from the GDP. This article analyzes the advantages and disadvantages caused by replacing GDP with GGDP.
From the perspective of developing countries, China is chose as an example. Then logistic regression model is used to analyze the current de_x005fvelopment situation and compare whether the changes after GGDP application can reach a satisfactory value. Finally, the article analyzes the
forecast results and evaluate that the use of GGDP has brought positive benefits to the global climate. The results show that the model runs well and has high credibility, and can be used to promote the coordinated development of economy and environment.