Investigating Synergies and Nexus of Circular Economy and Energy Transition Intensity in context of global paradigm transformations

Jean Vasile Andrei, Luminita Chivu, Violeta Sima, Ileana Georgiana Gheorghe and Dumitru Nancu

Politická ekonomie, vol. preprint

Abstract: This paper investigates the possible synergies and interconnections between the circular economy and the intensity of the energy transition within the broader context of global paradigm shifts. Using panel data from EU Member States (2013-2022), a Vector Error Correction Model (VECM) was applied to evaluate long-term dynamics and causality among variables including GDP per capita, material circularity, energy dependency, renewable energy use, greenhouse gas emissions, and innovation outputs. The analysis identifies significant long-run relationships, particularly between GDP per capita and indicators such as circular material use, renewable energy share, and tertiary education. The findings indicate a reciprocal relationship between circularity and energy transformation, contributing significantly to greenhouse gas emissions reduction and sustainable competitiveness. The study highlights synergies and emphasizes the need for coherent policy frameworks that leverage CE-ETI linkages to achieve EU climate neutrality goals, circularity decarbonization, and develop resilient economic systems.

Keywords: Circular economy; energy transition; innovation and increasing competitiveness; public concern and awareness; economic growth (search for similar items in EconPapers)
References: Add references at CitEc
Citations:

Downloads: (external link)
http://polek.vse.cz/artkey/pol-000000-1287.php (text/html)
free of charge

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:prg:jnlpol:v:preprint:id:1520

Ordering information: This journal article can be ordered from
Redakce Politické ekonomie, Vysoká škola ekonomická, nám. W. Churchilla 4, 130 67 Praha 3
http://polek.vse.cz

Access Statistics for this article

Politická ekonomie is currently edited by Jiřina Bulisová

More articles in Politická ekonomie from Prague University of Economics and Business Contact information at EDIRC.
Bibliographic data for series maintained by Stanislav Vojir ().