Re:Emissions are no longer following the worst case scenario
by antisthenes on Friday May 26, 2023 @11:47PM
(#36091914)
I certainly agree that different countries will not only have different levels of efficiency, but also different accuracies in their GDP measurement.
Shadow economies also exist and comprise different % in different countries.
e.g. repairing a water main, then laying some underground electrical cables, then laying some fiber optic wire.
Due to inefficient coordination, country A may have the same patch of ground dug up and filled three times.
Whereas country B, more efficient, only has to dig once, do all the work, then fill it up once.
So country B records lower GDP but in fact ends up slightly wealthier.