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The impact of the circular economy on sustainable development: A European panel data approach
(2022)
The circular economy (CE) has attracted considerable attention because of its potential to help achieve sustainable development (SD). This paper presents a comprehensive analysis of the effect of the CE on the three dimensions of SD at the country level. We analysed the impact of each CE source of value (renewable energy, reuse, repair, recycling) and the influence of an overall factor-analysis-derived measure of the CE on the economic, environmental and social dimensions of SD. The aim was to compare the individual impacts and outcomes of the CE and its sources of value in a single study. Panel data analysis was performed using a sample of 25 European countries for the period 2010 to 2019. The findings show a major impact of the CE on achieving SD, which has positive
effects on the economy, environment and society. However, the results show that the impact of each CE value source on the three SD dimensions varies. While renewable energies and reuse reduce the impact on the environment, recycling has no effect, and repair increases GHG emissions. However, repair is the only CE source with a positive economic impact at the country level. Finally, renewable energy, repair and recycling reduce unemployment. Decision makers should conduct impact analysis to design suitable, efficient and targeted measures depending on each country's specific objectives.
In this study, circular economy (CE) relevance in Germany will be discussed based on LinkedIn readily available data. LinkedIn company profiles located in Germany with ‘circular economy’ in their description or any other field were selected and used as a data source to analyze their CE relation. Overall, 514 German companies were analyzed in reference to the 15 German regions they belong. Most companies are located in the federal state of Berlin (126), followed by North Rhine-Westphalia (96) and Bavaria (77). In terms of the industry sector, they are self-classified to environmental services (64), management consulting (50), renewables & environment (33), research (31), and computer software (18) etc. Regarding their employees with LinkedIn profiles, 22,621 people are affiliated with these companies, ranging from one to 7,877. All examined companies have a total of 819,632 followers on LinkedIn, ranging from none to 88,167. An increase in CE-related companies was recorded in 13 of the 16 federal states of Germany over a one-year period. This work provides essential insights into the increasing relevance and trends of the circular economy in German enterprises and will help conduct further national studies with readily available data from LinkedIn.