: A rising GDP doesn't necessarily mean growth is environmentally or socially sustainable
: To avoid double counting, GDP only includes "final goods"—those purchased by the end user. Intermediate goods, like flour used to make bread, are excluded because their value is already embedded in the final product. gdp e309
Levine, R., & Renelt, D. (1992). A sensitivity analysis of cross-country growth regressions. American Economic Review, 82(4), 942-963. : A rising GDP doesn't necessarily mean growth
| Variable | Source | | --- | --- | | GDP growth rate | World Bank | | Economic growth rate | International Monetary Fund (IMF) | like flour used to make bread
Barro, R. J. (1991). Economic growth in a cross section of countries. Quarterly Journal of Economics, 106(2), 407-443.
