| Gross Domestic Production (GDP) refers to the sum of final product and service value, produced and provided by all constant units in a national or local scope accounting systen within certain period. It is an important indicator for weighting the economic and social progress of the country or a region. However, the traditional GDP calculation system neglects the cost of natural resources and the environment. The obvious limitation of the system that takes product and service market value in exchange as the only assessment criteria, results in the false increase of the GDP indicators. Modification of the system is therefore urgently needed. Green GDP theory and calculation methods development is just such kind of efforts. Establishing green GDP calculation system for Hainan Province is directed at sustainable natural resources and environmental management in the province with the aid of economic instrument.On the basis of detailed discussions on green GDP theory and calculation methods, the present paper constructed green GDP calculation theoretical model and practical model for Hainan by taking into consideration of the local environment and natural resources of the province. A case study then was made with relevant data from economic statistics for the year 2004 for Hainan. Proper calculation method was employed in the case study in view of the completeness and reliability of the data available.The case study worked out the depletion value of natural resources and the environment of Hainan Province in 2004, and revision of tradition GDP was made of the province of the same year. The resultant green GDP of Hainan is RMB 57.26 billion Yuan in 2004, accounting 72.47% of traditional GDP. Among others, the natural resource cost is RMB 19.175 billion Yuan, 24.27% of traditional GDP; the environmental cost is RMB 2.577 billion Yuan, 3.26% of traditional GDP. It implies that the present economic growth of Hainan Province still belongs to natural resources and environment exhaustive type,... |
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