Abstract
Mainstream national accounting indices have been debated on the exclusion of nonmarket services, such as ecosystem services. Here we introduce the practice of using the gross economic-ecological product (GEEP) in China to monitor economic growth taking into account ecosystem services. We show that GEEP grew by 6.4% annually from 2015 to 2018 in China, slower than the annualized GDP growth rate of 6.7%. Great spatial heterogeneity of GEEP growths indicate the imbalanced regional development of the economy and ecosystems. As a policy instrument, the GEEP provides a tool to benchmark and monitor economic growth within the means of nature.
Original language | English |
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Article number | 105566 |
Journal | Resources, Conservation and Recycling |
Volume | 171 |
DOIs | |
Publication status | Published - Aug 2021 |
Externally published | Yes |