Prediction of GGDP Based on SEEA-2012 and Logistic Model
Min Chen
1
, Jie Shen
1
, Yun Wu
2
and Tianhong Zhou
1*
1
Wuhan Business University, Wuhan, China
2
Wuhan Polytechnic, Wuhan, China
Keywords: GGDP, SEEA-2012, Logistic Model, BP Neural Network Model.
Abstract: The traditional GDP cannot understand the ecological damage and environmental pollution in the process of
development, so it cannot really show the real situation of a country's economy, so in order to measure the
true economic health of a country, taking into account environmental factors, the GGDP was proposed. In
this paper, SEEA-2012 accounting method is chosen, three indexes which affect GGDP are selected, and the
indexes which affect GGDP are queried and calculated by SEEA-2012 accounting method, using the
Logistic model to forecast the data of natural capital in 2012-2021, using natural capital consumption data
and global temperature data to establish the BP neural network model to forecast the global temperature,
compared with the actual global temperature, the change of temperature was slowed down, and the stability
of the model is judged to be good by sensitivity analysis after adding GDP factors.
1 INTRODUCTION
There are three forms of expression of GDP,
namely, value form, income form and product form
(Wu Nan, 2007). the current method of calculating
GDP is based on the three forms of expression of
GDP, its methods are: production method, income
method and expenditure method.
Traditional GDP accounting has its drawbacks:
not all production is included in GDP, and “GDP”
does not take into account the effect of inflation on
the currency. GDP is not a measure of a country's
overall standard of living or happiness. “Although
changes in per capita gross domestic product are
often used to measure whether the average citizen of
a country is doing well or badly, they do not include
things that might be considered important for
general well-being(Callan, T., 2023).
The System of Integrated Environmental-
Economic Accounting (SEEA) was created in the
1980s from the concept of sustainable development.
It is based on the SNA-1993, a set of accounts built
in cooperation with international organizations (Hoff
Jens V, 2020) there is a strong correlation between
SEEA and SNA.
In this paper, SEEA-2012 accounting natural
capital is classified as natural resource depletion
value cost, environmental pollution damage value
cost and ecological benefit improvement value. In
accounting for this natural capital, the consumption
and unit price of each indicator are looked for, and
each data has a relevant source, and the relevant
calculation formula is used for each indicator, the
resulting GGDP is closer to the real thing. Because
GGDP is a measure that has emerged in recent
years, the SEEA-2012 accounting system used in
this article was adopted by the United Nations after
the 2012 revision of the SEEA accounting system
theory, governments and academics use the system
to account for GGDP after 2012. To better find these
indicators, this paper selects the period from 2012 to
2021. In this paper, a comprehensive and unified
accounting method for natural resource depletion,
environmental pollution damage and ecological
benefit improvement is established, which fully
combines the latest research results and is consistent
with the theoretical framework, in line with
increasingly stringent environmental constraints and
policies.
2 RESEARCH HYPOTHESES
Considering that many of the GGDP-related data are
available internationally in U.S. dollars, in order to
better understand these indicators, the US dollar
settlement unit at the direct exchange rate of
1.00USD: 6.8CNY into RMB. Considering also that
GGDP is the main indicator of a country's economic
health, countries will change their behavior because
474
Chen, M., Shen, J., Wu, Y. and Zhou, T.
Prediction of GGDP Based on SEEA-2012 and Logistic Model.
DOI: 10.5220/0012286200003807
Paper published under CC license (CC BY-NC-ND 4.0)
In Proceedings of the 2nd International Seminar on Artificial Intelligence, Networking and Information Technology (ANIT 2023), pages 474-482
ISBN: 978-989-758-677-4
Proceedings Copyright © 2024 by SCITEPRESS – Science and Technology Publications, Lda.