The Application Research Of Green GDP Of Jiangsu Province

Conventional national accounts as indicators of economic performance have failed to take into account the actual scarcity of natural resources. This oversight in turn, threatens sustained economic growth and has often led to environmental degration in the course of economic development. In order to cope with these short-comings, the United Nations and World Bank have developed alternative macro-indicators for environmentally adjusted and sustainable national income and products. The UN Statistical Division published a System of National Accounts handbook in 1993 to provide a conceptual basis for the implementation of a System for Integrated Environmental and Economic Accounting (SEEA) and environmentally adjusted domestic product (Green GDP) that illustrate the interrelationships between the natural environment and the economy.Despite all the efforts from all the scholars and researchers around the world, a consensus conclusion over accurate evaluation of local currencies has not been reached. A big gap still exists in the market demand and supplies in the green GDP evaluation system. Even in the developed country, all the parameters defining the green GDP are not widely unified. It still faces many technical difficulties in terms of practicing the green GDP calculating systems. In this paper based on the analysis of data collected in Jiangsu province, effective methods are proposed to find practical ways in adopting green GDP system by comparing the calculation differences.