Research Article
From Catch-Up to Transcend: The Development of Emerging Countries’ Green Economy
Table 1
Indicators’ definitions and resources.
| Variable | Definition | References |
| Inputs | | | Capital | Gross capital formation in a country | [22, 31] | Labor | Employment in a country | [22, 31, 32] | Electricity | Annual electricity consumption | [31–34] | Crude oil | Annual crude oil consumption | [33, 35] | Water | Annual water consumption | [34, 36] | Desirable outputs | | | GDP | Annual market value of all the final goods and services | [25, 35] | Undesirable outputs | | | Solid wastes | Solid wastes generated annually | [36, 37] | Carbon dioxide | Carbon dioxide generated annually | [32, 37] |
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