TY - JOUR
T1 - Sustainable Development and Performance Measurement
T2 - Global Productivity Decomposition
AU - Kurniawan, Robi
AU - Managi, Shunsuke
N1 - Funding Information:
This paper was supported by a Grant-in-Aid for Specially Promoted Research (26000001) by the Japan Society for the Promotion of Science. Any opinions, findings, and conclusions expressed in this material are those of the authors and do not necessarily reflect the views of the institution’s and funding agencies.
PY - 2017/11/1
Y1 - 2017/11/1
N2 - This paper analyzes productivity and efficiency by using inclusive wealth as a sustainability measurement. The study extends current measures of sustainability by capturing the efficient utilization of natural capital and other conventional inputs as input and carbon damage as undesirable output in a productivity measure for 140 countries from 1995 to 2010. To determine the contribution of each input/output to productivity and technical efficiency, we applied a weighted Russell directional distance and a Luenberger productivity measure. We found that GDP, natural capital and carbon damage are the main contributors to productivity change. Natural capital and carbon damage remain significant burdens for many countries' performance, especially for countries with resource-driven economies and extreme vulnerability to climatic shifts. This finding enhances our understanding of how particular countries can measure and manage their sustainability.
AB - This paper analyzes productivity and efficiency by using inclusive wealth as a sustainability measurement. The study extends current measures of sustainability by capturing the efficient utilization of natural capital and other conventional inputs as input and carbon damage as undesirable output in a productivity measure for 140 countries from 1995 to 2010. To determine the contribution of each input/output to productivity and technical efficiency, we applied a weighted Russell directional distance and a Luenberger productivity measure. We found that GDP, natural capital and carbon damage are the main contributors to productivity change. Natural capital and carbon damage remain significant burdens for many countries' performance, especially for countries with resource-driven economies and extreme vulnerability to climatic shifts. This finding enhances our understanding of how particular countries can measure and manage their sustainability.
UR - http://www.scopus.com/inward/record.url?scp=85013389485&partnerID=8YFLogxK
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U2 - 10.1002/sd.1684
DO - 10.1002/sd.1684
M3 - Article
AN - SCOPUS:85013389485
SN - 0968-0802
VL - 25
SP - 639
EP - 654
JO - Sustainable Development
JF - Sustainable Development
IS - 6
ER -
