POLLUTION COST AS A VARIABLE FOR CALCULATING GREEN GDP
รหัสดีโอไอ
Creator Chalanda Sonthi
Title POLLUTION COST AS A VARIABLE FOR CALCULATING GREEN GDP
Contributor Supanee Harnphattananusorn, Sumalee Santipolvut
Publisher University of the Thai Chamber of Commerce
Publication Year 2563
Journal Title UTCC International Journal of Business and Economics
Journal Vol. 12
Journal No. 1
Page no. 27-50
Keyword Sustainable development, Pollution costs, Air pollution, Water pollution, Shadow prices, stochastic frontier analysis
URL Website http://ijbejournal.com/
Website title ijbejournal
ISSN 1906-5582 (paper)
Abstract Pollution cost is an important variable in the calculation of Green GDP, which is an indicator of economic development under the green economy concept. This paper relies on the SFA to estimate the cost of air and water pollution in Thailand. During the past 20 years, Thailand has been subject to an average pollution cost of about 2,209,936 million baht ($63,141 million). The average air pollution cost is about 827,383.11 million baht ($23,640 million) and average water pollution costs approximately 1,382,552.84 million baht ($39,501 million). This study also confirms that the pollution problems affecting health, quality of life, and human capital are worsening. Therefore, the government should take the necessary measures through regulations and strict penalties to control pollution. It should also raise awareness of the long-term impact of pollution on human capital and economic development
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