Quantitative study of the impact of Shanghai World Expo on green GDP (GGDP) is significant for deploying sustainable development policy in China. The formula of GGDP is: GGDP = GDP--the loss of natural resources en...Quantitative study of the impact of Shanghai World Expo on green GDP (GGDP) is significant for deploying sustainable development policy in China. The formula of GGDP is: GGDP = GDP--the loss of natural resources environment relegation cost + comprehensive utilized value of waste. Based on this, the study employed vector autoregressive (VAR) model to predict the value of GGDP and other economic variables on condition that there was no Shanghai World Expo. Then Influence of Expo is defined as the rate of increase of GGDP. The result demonstrated that Shanghai World Expo had accelerated the growth rate of GGDP vastly with the elimination of effect of Beijing Olympics. Additionally, the quantitative analysis between GGDP and other economic variables suggested GGDP would replace GDP to evaluate the development of economy. Finally, the paper proposed that incidents like World Expo can enhance the level of influence for a country and that post-impact of Shanghai Expo should continue to be used to promote GGDP and that GGDP should serve as one of the indicators in assessment of political achievement.展开更多
文摘Quantitative study of the impact of Shanghai World Expo on green GDP (GGDP) is significant for deploying sustainable development policy in China. The formula of GGDP is: GGDP = GDP--the loss of natural resources environment relegation cost + comprehensive utilized value of waste. Based on this, the study employed vector autoregressive (VAR) model to predict the value of GGDP and other economic variables on condition that there was no Shanghai World Expo. Then Influence of Expo is defined as the rate of increase of GGDP. The result demonstrated that Shanghai World Expo had accelerated the growth rate of GGDP vastly with the elimination of effect of Beijing Olympics. Additionally, the quantitative analysis between GGDP and other economic variables suggested GGDP would replace GDP to evaluate the development of economy. Finally, the paper proposed that incidents like World Expo can enhance the level of influence for a country and that post-impact of Shanghai Expo should continue to be used to promote GGDP and that GGDP should serve as one of the indicators in assessment of political achievement.