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The Role of the Circular Economy in Economic Development: An Empirical Investigation for Panel of Some Selected European Economies

dc.contributor.authorJabri, Abdelkarim
dc.contributor.authorYahyaoui, Rachid
dc.date.accessioned2025-01-07T13:37:01Z
dc.date.available2025-01-07T13:37:01Z
dc.date.issued2024-12-19
dc.identifier.issn1508-2008
dc.identifier.urihttp://hdl.handle.net/11089/54098
dc.description.abstractThis study examines the relationship between the circular economy and economic development in 14 EU countries for the period 2000–2020.Compared to previous work, we emphasize the importance of taking into account cross‑dependencies and heterogeneity between the countries making up the Panel. Furthermore, the cointegration relationship employed in this work considers structural shocks and cross‑dependencies using the test of Westerlund and Edgerton. This last test made it possible to validate the long‑term relationship in the model. This study used the augmentedmean group technique to overcome some economic problems. Using Kónya’s bootstrap panel causality test, we found that the causal relationship is only found in a few countries.According to the empirical analysis conducted in this work, our findings indicate that economic growth, research and development and the generation of municipal waste favor the recycling and composting of municipal waste. In the same way, the recycling of municipal waste, research and development expenditure and the Generation of municipal waste increase positively the economic growth rate.Our empirical results provide important policy implications for 14 EU countries that need to take adequate measures to improve the recycling rate through environmentally friendly technology to achieve a level of sustainable growth and development. Compared to previous studies, this work attempts to fill a gap in current research and enrich the existing literature between the circular economy and economic development in Europe.en
dc.description.abstractW artykule przeanalizowano związek między gospodarką o obiegu zamkniętym a rozwojem gospodarczym w 14 krajach UE w latach 2000–2020.W porównaniu z poprzednimi pracami autorzy podkreślają znaczenie uwzględnienia wzajemnych zależności i niejednorodności pomiędzy krajami wchodzącymi w skład panelu. Co więcej, relacja kointegracji zastosowana w tej pracy uwzględnia wstrząsy strukturalne i wzajemne zależności dzięki zastosowaniu testu Westerlunda i Edgertona. Test ten pozwolił na walidację długoterminowej zależności w modelu. W badaniu wykorzystano technikę rozszerzonej grupy średniej w celu przezwyciężenia niektórych problemów ekonomicznych. Wykorzystanie bootstrapowej panelowej analizy przyczynowości Kónya pozwoliło na stwierdzenie, że związek przyczynowo‑skutkowy występuje tylko w kilku krajach.Przeprowadzona analiza empiryczna wskazuje, że wzrost gospodarczy, badania i rozwój oraz wytwarzanie odpadów komunalnych sprzyjają recyklingowi i kompostowaniu odpadów komunalnych. W ten sam sposób recykling odpadów komunalnych, wydatki na badania i rozwój oraz wytwarzanie odpadów komunalnych pozytywnie wpływają na tempo wzrostu gospodarczego.Uzyskane wyniki badań empirycznych mają istotne implikacje dla 14 krajów UE, które muszą podjąć odpowiednie działania w celu zwiększenia poziomu recyklingu za pomocą technologii przyjaznych dla środowiska, aby osiągnąć poziom zrównoważonego wzrostu i rozwoju. W porównaniu z poprzednimi badaniami niniejszy artykuł ma na celu wypełnienie luki w dotychczasowych badaniach i wzbogacenie istniejącej literatury na temat gospodarki o obiegu zamkniętym i jej związku z rozwojem gospodarczym w Europie.pl
dc.language.isoen
dc.publisherWydawnictwo Uniwersytetu Łódzkiegopl
dc.relation.ispartofseriesComparative Economic Research. Central and Eastern Europe;4pl
dc.rights.urihttps://creativecommons.org/licenses/by-nc-nd/4.0
dc.subjectcircular economyen
dc.subjecteconomic developmenten
dc.subjectcross‑section dependencies and heterogeneityen
dc.subjectpanel cointegration analysisen
dc.subjectAugmented Mean Groupen
dc.subjectpanel causality analysisen
dc.subjectgospodarka o obiegu zamkniętympl
dc.subjectrozwój gospodarczypl
dc.subjectzależności przekrojowe i niejednorodnośćpl
dc.subjectanaliza panelowa kointegracjipl
dc.subjectrozszerzona grupa średniapl
dc.subjectanaliza panelowa przyczynowościpl
dc.titleThe Role of the Circular Economy in Economic Development: An Empirical Investigation for Panel of Some Selected European Economiesen
dc.title.alternativeRola gospodarki o obiegu zamkniętym w rozwoju gospodarczym: badanie empiryczne dla panelu wybranych gospodarek europejskichpl
dc.typeArticle
dc.page.number151-172
dc.contributor.authorAffiliationJabri, Abdelkarim - Mohammed First University, ENCGO, Moroccoen
dc.contributor.authorAffiliationYahyaoui, Rachid - Mohammed First University, FSJES, Oujda, Moroccoen
dc.identifier.eissn2082-6737
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dc.contributor.authorEmailJabri, Abdelkarim - ab.jabri@ump.ac.ma
dc.contributor.authorEmailYahyaoui, Rachid - rachid.yahyaoui56@gmail.com
dc.identifier.doi10.18778/1508-2008.27.35
dc.relation.volume27


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