New methodology reveals hidden impacts of policies on economic welfare.
The article explores how ecological sustainability affects economic growth and welfare, beyond just GDP measures. The researchers use a method called Data Envelopment Analysis (DEA) combined with Multi Criteria Analysis (MCA) to compare different scenarios for their effectiveness in improving well-being. They found that this approach can help assess the long-term impacts of policies on the economy, environment, and society, providing valuable insights for decision-making.