PANEL DATA ANALYSIS ON THE CIRCULAR ECONOMY AND ITS DETERMINANTS

Authors : Gökçen AYDINBAŞ, Zeynep ERDİNÇ

Pages : 258-275

Doi:10.53443/anadoluibfd.1223707

View : 154 | Download : 34

Publication Date : 2023-06-29

Article Type : Research Paper

Abstract :An environmentally sustainable world is created as a result of the circular economy and steps taken toward recycling. In this way, the contribution of the creation of an environmentally friendly insert ignore into journalissuearticles values(environmentally conscious); society to the economic growth and social development of countries reaches remarkable dimensions. This study aims to determine the factors affecting the cyclical economy and recycling in the period 2010-2019 for 15 EU member states using a panel data analysis method. While the dependent variable used in this study was the circular economy index, the independent variables were the gross domestic product insert ignore into journalissuearticles values(GDP); per capita, trade openness, human capital, and renewable energy consumption in the study. In the study, it was concluded that there is a statistically significant and positive relationship between the increase in GDP per capita and the circular economy index. In addition, it was found that there is a statistically significant and positive relationship between human capital, renewable energy consumption, trade openness, and the circular economy index.
Keywords : Döngüsel Ekonomi, Ekonomik Büyüme, Beşeri Sermaye, Yenilenebilir Enerji, Ticari Açıklık, Panel Veri Analizi

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