Modelling what matters: How do current models handle environmental limits and social outcomes?

Models that represent the economy, society, and environment are critical macroeconomic policy tools. However, economic output as measured by Gross Domestic Product (GDP) is increasingly being seen as an unreliable and undesirable economic indicator and policy goal. Instead, multiple indicators of en...

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Detalhes bibliográficos
Autores: Van Eynde, Rob, Horen Greenford, Daniel, O'Neill, D.W., Demaria, Federico
Tipo de documento: artigo
Estado:Versión aceptada para publicación
Data de publicação:2024
País:España
Recursos:Universidad de Barcelona
Repositório:Dipòsit Digital de la UB
OAI Identifier:oai:diposit.ub.edu:2445/220356
Acesso em linha:https://hdl.handle.net/2445/220356
Access Level:Acceso aberto
Palavra-chave:Modelització multiescala
Desenvolupament sostenible
Macroeconomia
Desenvolupament econòmic
Multiscale modeling
Sustainable development
Macroeconomics
Economic development
Descrição
Resumo:Models that represent the economy, society, and environment are critical macroeconomic policy tools. However, economic output as measured by Gross Domestic Product (GDP) is increasingly being seen as an unreliable and undesirable economic indicator and policy goal. Instead, multiple indicators of environmental impacts and social outcomes are needed to make decisions about sustainable development. (...)