Sustainable development in the context of circular economy.

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Název: Sustainable development in the context of circular economy.
Autoři: Bakır H; Bursa Uludag University / Vocational School of Social Sciences, Department of Trade, Bursa, Turkey. Electronic address: hasanbakir@uludag.edu.tr., Aral N; Bursa Uludag University /Faculty of Economics and Administrative Sciences, Department of Econometrics, Bursa, Turkey. Electronic address: nesearal@uludag.edu.tr.
Zdroj: Journal of environmental management [J Environ Manage] 2025 Nov; Vol. 394, pp. 127366. Date of Electronic Publication: 2025 Sep 22.
Způsob vydávání: Journal Article
Jazyk: English
Informace o časopise: Publisher: Academic Press Country of Publication: England NLM ID: 0401664 Publication Model: Print-Electronic Cited Medium: Internet ISSN: 1095-8630 (Electronic) Linking ISSN: 03014797 NLM ISO Abbreviation: J Environ Manage Subsets: MEDLINE
Imprint Name(s): Original Publication: London ; New York, Academic Press.
Výrazy ze slovníku MeSH: Sustainable Development*/economics , Economic Development* , Conservation of Natural Resources*, Europe ; Gross Domestic Product
Abstrakt: Competing Interests: Declaration of competing interest The authors declare that they have no known competing financial interests or personal relationships that could have appeared to influence the work reported in this paper.
Negative developments such as excessive resource consumption and accelerated environmental degradation in recent years have prompted European countries and institutions to adopt the circular economy model instead of the linear economy model. This study examines the relationship between circular economy indicators and gross domestic product, and by so doing, analyzes the impact of the circular economy on achieving sustainable development. To holistically demonstrate the direct and indirect benefits of "becoming circular," the statistical indicators used were those established within the framework developed by the European Commission for monitoring the circular economy. Thus, the core elements of the circular economy could be monitored through these indicators. A total of 25 European countries were analyzed over the period from 2005 to 2023. The analysis employs panel data econometrics, and the model was estimated using Driscoll-Kraay estimators. This method provides robust estimators in the presence of heteroskedasticity, autocorrelation, and cross-sectional dependence. The results of the study show that measures related to the circular economy have a direct impact on economic growth.
(Copyright © 2025 Elsevier Ltd. All rights reserved.)
Contributed Indexing: Keywords: Circular economy; Economic growth; Sustainable development
Entry Date(s): Date Created: 20250923 Date Completed: 20251108 Latest Revision: 20251108
Update Code: 20251108
DOI: 10.1016/j.jenvman.2025.127366
PMID: 40986959
Databáze: MEDLINE
Popis
Abstrakt:Competing Interests: Declaration of competing interest The authors declare that they have no known competing financial interests or personal relationships that could have appeared to influence the work reported in this paper.<br />Negative developments such as excessive resource consumption and accelerated environmental degradation in recent years have prompted European countries and institutions to adopt the circular economy model instead of the linear economy model. This study examines the relationship between circular economy indicators and gross domestic product, and by so doing, analyzes the impact of the circular economy on achieving sustainable development. To holistically demonstrate the direct and indirect benefits of "becoming circular," the statistical indicators used were those established within the framework developed by the European Commission for monitoring the circular economy. Thus, the core elements of the circular economy could be monitored through these indicators. A total of 25 European countries were analyzed over the period from 2005 to 2023. The analysis employs panel data econometrics, and the model was estimated using Driscoll-Kraay estimators. This method provides robust estimators in the presence of heteroskedasticity, autocorrelation, and cross-sectional dependence. The results of the study show that measures related to the circular economy have a direct impact on economic growth.<br /> (Copyright © 2025 Elsevier Ltd. All rights reserved.)
ISSN:1095-8630
DOI:10.1016/j.jenvman.2025.127366