Environmental Economics is not preferred to GDP (GNP). "Increasing of GDP follows bad environment.", "GDP cannot measure happiness." are reasons. Index of sustainability and diversity are needed in environmental economics. There is Green GDP that was added revision to GDP easily. And there are other indexes form different viewpoints. Using one index is dangerous because we often loss the matter that the index cannot measure.
GDP and energy consumption has correlation. So there are some theories. "To increase GDP, we should use energy more.", "GDP higher, we do not fossil fuel in the early future. Correlation is used in making important theory.
There are two types of efficiency.
"Output / Input" and "Output / Time".
If these numbers are large, it means "high efficient".
We often see efficiency for electrical production.
But efficiency is considered to measure economical phenomena.
The table below includes I found in Books of Environmental Economics
Short Name | Full Name |
BC | Biocapacity |
CEPI | Composite Environmental Performance Index |
CPI | Consumption Pressure Index |
CSDI | Composite Sustainable Development Index |
EDP | Environmentally adjusted net domestic product |
EF | Ecological Footprint |
ENI | Environmentally adjusted national income |
ESI | Environmental Sustainability Index |
GDP | Gross Domestic Product |
GNP | Gross National Product |
GPI | Genuine Progress Indicator |
GSI | Genuine Savings Index |
HDI | Human Development Index |
ISEW | Index of Sustainable Economic Welfare |
LPI | Living Planet Index |
MFI | Material Flows Indicators |
MSY | Maximum Sustainable Yield |
NNW | Net National Welfare |
Exergy | Related to Energy |
Energy | |
Emergy | Sum of energy to make a fortune |
Entropy | Related to Energy |
Green GDP | Total name the indexes of revised GDP |