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Articles 1 - 2 of 2
Full-Text Articles in Economics
Designing For Economic Success: A 50-State Analysis Of The Genuine Progress Indicator, Mairi-Jane Venesky Fox
Designing For Economic Success: A 50-State Analysis Of The Genuine Progress Indicator, Mairi-Jane Venesky Fox
Graduate College Dissertations and Theses
The use of Gross Domestic Product (GDP) as the primary measure of economic progress has arguably led to unintended consequences of environmental degradation and socially skewed outcomes. The Genuine Progress Indicator (GPI) was designed to reveal the trade offs associated with conventional economic growth and to assess the broader impact of economic benefits and costs on sustainable human welfare. Although originally designed for use at the national scale, an interest has developed in the United States in a state-level uptake of the GPI to inform and guide policy. However, questions exist about the quality and legitimacy of the GPI as …
A Gpi-Based Critique Of "The Economic Profile Of The Lower Mississippi River: An Update", Eric Zencey
A Gpi-Based Critique Of "The Economic Profile Of The Lower Mississippi River: An Update", Eric Zencey
College of Arts and Sciences Faculty Publications
The Genuine Progress Indicator, or GPI, is an alternative economic indicator that seeks to measure net economic welfare—the economic welfare that is gained by economic activity after the costs of producing that welfare (such as the costs of air pollution, water pollution, resource depletion, climate change, and the like) are deducted. From a GPI perspective, the economy of the Lower Mississippi River Corridor is not nearly as robust as traditional modes of economic analysis would suggest. There are clear paths to increasing GPI (and human economic wellbeing) that have implications for environmental, economic and river-management policy.