RT info:eu-repo/semantics/article
T1 The impact of the circular economy on sustainable development: A European panel data approach
A1 Knäble, David
A1 Quevedo Puente, Mª Esther
A1 Pérez Cornejo, Clara
A1 Baumgärtler, Thomas
K1 Circular economy
K1 Sustainable development
K1 Renewable energy
K1 Reuse
K1 Repair
K1 Recycling
K1 Economía
K1 Economics
K1 Gestión de empresas
K1 Industrial management
AB The circular economy (CE) has attracted considerable attention because of its potential to help achieve sustainable development (SD). This paper presents a comprehensive analysis of the effect of the CE on the three dimensions of SD at the country level. We analysed the impact of each CE source of value (renewable energy, reuse,repair, recycling) and the influence of an overall factor-analysis-derived measure of the CE on the economic, environmental and social dimensions of SD. The aim was to compare the individual impacts and outcomes of the CEand its sources of value in a single study. Panel data analysis was performed using a sample of 25 European countries for the period 2010 to 2019. The findings show a major impact of the CE on achieving SD, which has positiveeffects on the economy, environment and society. However, the results show that the impact of each CE valuesource on the three SD dimensions varies. While renewable energies and reuse reduce the impact on the environment, recycling has no effect, and repair increases GHG emissions. However, repair is the only CE source with apositive economic impact at the country level. Finally, renewable energy, repair and recycling reduce unemployment. Decision makers should conduct impact analysis to design suitable, efficient and targeted measures depending on each country's specific objectives.
PB Elsevier
SN 2352-5509
YR 2022
FD 2022-11
LK http://hdl.handle.net/10259/7489
UL http://hdl.handle.net/10259/7489
LA eng
DS Repositorio Institucional de la Universidad de Burgos
RD 17-jun-2024