IDEAS home Printed from https://ideas.repec.org/a/eee/ecolec/v224y2024ics0921800924001903.html
   My bibliography  Save this article

Turning less into more: Measuring real GDP growth in the green transition

Author

Listed:
  • O'Donovan, Nick

Abstract

Proponents of degrowth query the compatibility of ecological sustainability with economic growth and a capitalist system predicated on the ongoing expansion of economic output. This article deploys insights from constructivist political economy and recent literature on the politics of technocratic expertise to build upon and challenge this analysis. Using UK national accounting practices as a case study, it explores how current approaches to GDP measurement both facilitate and obstruct the treatment of reduced material throughput as increased economic output, of “less” as “more”. Rather than advancing an alternative to GDP growth, it highlights how tensions between the pursuit of growth and the pursuit of sustainability might be reduced using conceptual resources drawn from within established approaches to national accounting and GDP measurement. Although far from a panacea, changes in technocratic practices of national accounting could reduce economic and political barriers to green transition policies.

Suggested Citation

  • O'Donovan, Nick, 2024. "Turning less into more: Measuring real GDP growth in the green transition," Ecological Economics, Elsevier, vol. 224(C).
  • Handle: RePEc:eee:ecolec:v:224:y:2024:i:c:s0921800924001903
    DOI: 10.1016/j.ecolecon.2024.108293
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0921800924001903
    Download Restriction: Full text for ScienceDirect subscribers only

    File URL: https://libkey.io/10.1016/j.ecolecon.2024.108293?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:ecolec:v:224:y:2024:i:c:s0921800924001903. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/ecolecon .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.