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Title: Green growth and OECD countries: measurement of country performances through distance-based analysis (DBA)
Authors: Ateş, Seyithan Ahmet
Derinkuyu, Kursad
Keywords: I-distance method
OECD countries
Green growth
Sustainable development
Beyond GDP
Issue Date: 2021
Publisher: Springer
Abstract: When we measure countries' socioeconomic development, the standalone National Income approach does not to reflect well-being of the citizens. An analysis of a country's welfare should consider the combination of different aspects such as economic indicators, environmental and resource productivity, and economic opportunities. In the light of these discussions, the concept of green growth arose as a contemporary approach to reframe the mainstream growth model and to re-evaluate many of the investment decisions in meeting agricultural, energy and water needs and the resource demands of economic development. This paper evaluates the green growth performance of OECD countries by applying the I-distance method by integrating the economic, social, and environmental aspects of countries' performances simultaneously. Using multivariate I-distance approach, selected green growth indicators and numerous different variables have been synthesized into one value. According to our analysis, Sweden, Luxemburg, Norway and Denmark occupy the top places by their outstanding green performance. On the other hand, Mexico, Poland and Greece are placed at the bottom as a consequence of their relatively weak environmental performance.
ISSN: 1387-585X
Appears in Collections:Endüstri Mühendisliği Bölümü / Department of Industrial Engineering
Scopus İndeksli Yayınlar Koleksiyonu / Scopus Indexed Publications Collection
WoS İndeksli Yayınlar Koleksiyonu / WoS Indexed Publications Collection

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