协整
原材料
欧洲联盟
人均
循环经济
解耦(概率)
资源效率
自然资源经济学
环境科学
经济
国际贸易
工程类
化学
计量经济学
生态学
人口学
有机化学
社会学
控制工程
生物
人口
作者
Hsiao-Tien Pao,Chun-Chih Chen
标识
DOI:10.1177/0734242x211057015
摘要
This study examined the causal dynamics between circular economy (CE) and carbon dioxide (CO2) emissions in European Union (EU) countries. The selected CE indicators included the trade in recyclable raw materials (TRM) and the circular material use rate (CMR) in the secondary raw materials area, the generation of municipal waste per capita (GMWp) in the production and consumption area and the recycling rate of municipal waste (RMW) in the area of waste management. The coefficients of the panel cointegration equations showed that for every 1 percentage point increase in RMW, average CO2 emissions decreased by 0.5%, while for every 1 percentage point increase in GMWp and TRM, the average CO2 emissions increased by 0.263% and 0.101%, respectively. It also showed that the recycling volumes and recycling rate had a positive but very limited impact on the CMR. The panel vector error correction model result showed that there were long-run bidirectional causalities between CE indicators and carbon emissions, and the TRM had a short-run negative impact on waste generation. However, the short-run impact of CE indicators on carbon emissions was not significant, which may be because the European CE is still in its infancy. The finding suggests that policymakers should adopt multilateral policies such as reducing carbon emissions, improving the efficiency and productivity of resource management and waste recycling, and increasing investment and innovation in the secondary raw materials market to achieve resource decoupling and impact decoupling. The decoupling of these two types is a necessary condition for sustainable development.
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