2020
DOI: 10.1108/gs-01-2020-0016
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Green growth dynamics in OECD countries: an application of grey relational analysis

Abstract: PurposeNowadays, growth is the common target of all societies. But rather than growth, it is more important to ensure the sustainability of growth. Worldwide climate changes, damages to natural capital and financial crises necessitate the transition to green growth. The purpose of this paper is to examine the contribution of socio-economic context to green growth, which represents the sum of environmental and resource productivity, n… Show more

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Cited by 18 publications
(13 citation statements)
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“…Combining with an objective weighting method can make the weight result more scientific. Grey Relational Analysis (GRA), an objective weighting method, uses similarity and dissimilarity to measure the correlation between the reference sequences and comparison sequences, making global comparisons rather than local comparisons with mitigating the influence of subjective parameters (Kocak 2020 ). This method has been used in many study fields such as environmental pollution assessment (Li et al 2015 ), water quality improvement (Deng 2019 ) and soil erosion (Pandey et al 2022 ).…”
Section: Methodsmentioning
confidence: 99%
“…Combining with an objective weighting method can make the weight result more scientific. Grey Relational Analysis (GRA), an objective weighting method, uses similarity and dissimilarity to measure the correlation between the reference sequences and comparison sequences, making global comparisons rather than local comparisons with mitigating the influence of subjective parameters (Kocak 2020 ). This method has been used in many study fields such as environmental pollution assessment (Li et al 2015 ), water quality improvement (Deng 2019 ) and soil erosion (Pandey et al 2022 ).…”
Section: Methodsmentioning
confidence: 99%
“…There are studies in the literature that discuss the interrelations between indicators based on their impacts on country ranking regarding green growth or else examine the inter-indicator correlations (Kim et al, 2014;Koçak, 2020;Ates and Derinkuyu, 2021). Regarding the indicator impact weights in the green growth framework, Koçak (2020) examines the contribution of socio-economic context to three other indicator sets (i.e., environmental and resource productivity, natural asset base, the environmental dimension of quality of life and technology) by using GDP as reference series. They find out that the share of GDP, which is accepted as a basic measure of its economic progress, in green growth is a stubborn fact.…”
Section: Literature Reviewmentioning
confidence: 99%
“…Sun et al (2022) propose a two-phased grey rough combined model to identify influence patterns of regional agricultural drought vulnerability from a new perspective of learning and mining historical cases. Koçak (2020) uses GRA together with the entropy method to examine the weight of 22 green growth indicators. Škrinjarić (2020) uses GRA as a nonparametric approach of constructing a ranking system between different alternatives.…”
Section: Grey System Theory In Economic Developmentmentioning
confidence: 99%