Beyond Traditional Scales: How Green GDP and Conventional GDP Shape Sustainability in Bangladesh

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Beyond Traditional Scales: How Green GDP and Conventional GDP Shape Sustainability in Bangladesh | Research Square window.SnipcartSettings = { analytics: { enabled: false } }; (function() { var accessVector = localStorage.getItem('access_vector') || ''; window.dataLayer = window.dataLayer || []; if (accessVector) { window.dataLayer.push({ user: { profile: { profileInfo: { snid: accessVector } } } }); } })(); (function(w,d,s,l,i){w[l]=w[l]||[];w[l].push({'gtm.start':new Date().getTime(),event:'gtm.js'});var f=d.getElementsByTagName(s)[0],j=d.createElement(s),dl=l!='dataLayer'?'&l='+l:'';j.async=true;j.src='https://www.googletagmanager.com/gtm.js?id='+i+dl;f.parentNode.insertBefore(j,f);})(window,document,'script','dataLayer','GTM-K279D39R'); Browse Preprints In Review Journals COVID-19 Preprints AJE Video Bytes Research Tools Research Promotion AJE Professional Editing AJE Rubriq About Preprint Platform In Review Editorial Policies Our Team Advisory Board Help Center Sign In Submit a Preprint Cite Share Download PDF Research Article Beyond Traditional Scales: How Green GDP and Conventional GDP Shape Sustainability in Bangladesh Dr Aoulad Hosen, Md. Asad This is a preprint; it has not been peer reviewed by a journal. https://doi.org/ 10.21203/rs.3.rs-8620297/v1 This work is licensed under a CC BY 4.0 License Status: Posted Version 1 posted You are reading this latest preprint version Abstract To comprehend the proper estimation of GDP in light of sustainable development, the concept of Green GDP becomes a yardstick. In the field of Bangladesh, this study reconnoiters the short-run and long-run association between Green GDP and economic growth by 21 years of data. After employing Augmented Dickey-Fuller (ADF) and Kwiatkowski-Phillips-Schmidt-Shin (KPSS) tests for assessing the stationarity tests, the study employed Johansen-Juselius cointegration, Vector Error Correction Models (VECM), and normalised cointegration analyses. Among the findings, the study explored a steady long-term cointegration, specifically a 14% increase in economic growth corresponding to a 1% increase in Green GDP growth. The empirical model contemplated that environmental sustainability and growth rate are correlated and reinforce each other. Again, the study promotes the assimilation of sustainability into growth schemes, which is consistent with empirical evidence. Despite its limitations, Green GDP is a valuable complement to conventional GDP because it supports green objectives while still allowing for economic growth. The outcome is presented to legislators in developing economies, such as Bangladesh, along with practical insights for balancing economic and conservation priorities. Environmental Policy Renewable Resources Economic Theory GDP Growth Green GDP Sustainability and Methods of Green GDP Full Text Additional Declarations The authors declare no competing interests. Cite Share Download PDF Status: Posted Version 1 posted You are reading this latest preprint version Research Square lets you share your work early, gain feedback from the community, and start making changes to your manuscript prior to peer review in a journal. As a division of Research Square Company, we’re committed to making research communication faster, fairer, and more useful. We do this by developing innovative software and high quality services for the global research community. Our growing team is made up of researchers and industry professionals working together to solve the most critical problems facing scientific publishing. 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