Green Growth Indicators 2017
Green growth policies need to be founded on a good understanding of the determinants of green growth and need to be supported with appropriate indicators to monitor progress. This book presents a selection of updated and new indicators that illustrate the progress that OECD and G20 countries have made since the 1990s. It updates the 2014 edition.
Environmentally adjusted multifactor productivity
Rising productivity is a key source of long-run economic growth that can increase material living standards. To capture the role of environmental services, the OECD productivity framework was extended to calculate the environmentally adjusted multifactor productivity (EAMFP) growth. The EAMFP thus measures a country’s ability to generate income from a given set of inputs (including also domestic natural resources). At the same time, it accounts for the production of undesirable environmental by-products (pollution).
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