Mapping Circular Economy Performance: EU Member States Analysis and Insights

Vargas Vanesa Madalina (), Ciucu Durnoi Alexandra-Nicoleta (), Teodorescu Cosmin Alexandru () and Delcea Camelia ()
Additional contact information
Vargas Vanesa Madalina: Bucharest University of Economic Studies, Bucharest, Romania
Ciucu Durnoi Alexandra-Nicoleta: Bucharest University of Economic Studies, Bucharest, Romania
Teodorescu Cosmin Alexandru: Bucharest University of Economic Studies, Bucharest, Romania
Delcea Camelia: Bucharest University of Economic Studies, Bucharest, Romania

Proceedings of the International Conference on Business Excellence, 2024, vol. 18, issue 1, 1398-1412

Abstract: The concept of the circular economy was created around the desire to extend the life of products and, implicitly, their use in an economy. The waste reduction process is founded on the basis of the three R's - reduce, reuse, recycle, which aims to conserve natural resources. In order to determine the contribution made by the European Union (EU) states regarding the circular economy sector, a descriptive analysis was carried out at the level of the member countries, followed by the identification of their ranking regarding the performances recorded in accordance with the analyzed indicators, a final step being the realization of a cluster analysis through which to determine the similarities and differences between them. Among the results obtained, it was found that the countries in the center of the EU have among the highest values in terms of private investment related to circular economy sectors, but also for resource productivity, although they have among the lowest percentages of people employed in this field, but and among the largest greenhouse gas emissions from production activities.

Keywords: circular economy; resilience; sustainability; innovation; productivity (search for similar items in EconPapers)
Date: 2024
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
https://doi.org/10.2478/picbe-2024-0115 (text/html)

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:vrs:poicbe:v:18:y:2024:i:1:p:1398-1412:n:1020

DOI: 10.2478/picbe-2024-0115

Access Statistics for this article

Proceedings of the International Conference on Business Excellence is currently edited by Alina Mihaela Dima

More articles in Proceedings of the International Conference on Business Excellence from Sciendo
Bibliographic data for series maintained by Peter Golla ().