Analysis of Green Economy Dimension in the Context of Circular Economy: The Case of Baltic Sea Region
dc.contributor.author | Stankevičienė, Jelena | |
dc.contributor.author | Nikanorova, Marta | |
dc.contributor.author | Çera, Gentjan | |
dc.contributor.other | Ekonomická fakulta | cs |
dc.date.accessioned | 2020-04-06T13:38:23Z | |
dc.date.available | 2020-04-06T13:38:23Z | |
dc.description.abstract | The circular economy is based on the synergy of economic, environmental and social dimensions on -micro, -meso and -macro levels. Integration of circular economy would help to shift from a linear economy, which promotes “take-make-waste” industrial model to a more effective economic system that is based on business models, which replace the “end-of-life” concept with reducing, alternatively reusing, recycling and recovering materials in production/distribution and consumption processes. This alternative model would encourage producers to develop innovative solutions to reduce production waste, be in the line of “green” production and resource-efficient usage. A circular economy would help to solve problems of resource shortage, negative environmental impact, production and consumption waste by developing closer relationships between suppliers, manufacturers, retailers and consumers. Regulation and policy determents may influence consumer behaviour by promoting investment into environmental and social drivers, subsidiaries for eco-innovation and eco-technology development, and supporting inefficient consumption taxes and production pollution taxes. The purpose of the article is to propose a way of analysing of green economy dimension in the context of circular economy, by providing empirical tests on economic data of Baltic Sea Region countries. The current paper includes the observation of green economy dimension in the context of circular economy in Baltic Sea Region including Green investment, Green fiscal policy, and Technological development. A multi-criteria decision analysis methods TOPSIS and MULTIMOORA were used to compare the set of indicators by identifying weights for each criterion. TOPSIS and MULTIMOORA are quite useful methods to rank and make selection of several indicators. | en |
dc.format | text | |
dc.identifier.doi | 10.15240/tul/001/2020-1-001 | |
dc.identifier.eissn | 2336-5604 | |
dc.identifier.issn | 1212-3609 | |
dc.identifier.uri | https://dspace.tul.cz/handle/15240/154697 | |
dc.language.iso | en | |
dc.publisher | Technická Univerzita v Liberci | cs |
dc.publisher | Technical university of Liberec, Czech Republic | en |
dc.publisher.abbreviation | TUL | |
dc.relation.isbasedon | Barbier, E. (2012). Sustainability. The green economy post Rio+20. Science, 338(6109), 887–888. https://doi.org/10.1126/science.1227360 | |
dc.relation.isbasedon | Brauers, W. K. M., & Zavadskas, E. K. (2010). Project management by MULTIMOORA as an instrument for transition economies. Technological and Economic Development of Economy, 16(1), 5–24. https://doi.org/10.3846/tede.2010.01 | |
dc.relation.isbasedon | Byun, H. S., & Lee, K. H. (2005). A decision support system for the selection of a rapid prototyping process using the modified TOPSIS method. The International Journal of Advanced Manufacturing Technology, 26(11–12), 1338–1347. https://doi.org/10.1007/s00170-004-2099-2 | |
dc.relation.isbasedon | Cheng, Z. (2016). The spatial correlation and interaction between manufacturing agglomeration and environmental pollution. Ecological indicators, 61(2), 1024–1032. https://doi.org/10.1016/j.ecolind.2015.10.060 | |
dc.relation.isbasedon | D’Amato, D., Droste, N., Allen, B., Kettunen, M., Lähtinen, K., Korhonen, J., … Toppinen, A. (2017). Green, circular, bio-economy: A comparative analysis of sustainability avenues. Journal of Cleaner Production, 168, 716–734. https://doi.org/10.1016/J.JCLEPRO.2017.09.053 | |
dc.relation.isbasedon | D’Amato, D., Droste, N., Winkler, K. J., & Toppinen, A. (2019). Thinking green, circular or bio: Eliciting researchers’ perspectives on a sustainable economy with Q method. Journal of Cleaner Production, 230, 460–476. https://doi.org/10.1016/J.JCLEPRO.2019.05.099 | |
dc.relation.isbasedon | D’Amato, D., Korhonen, J., & Toppinen, A. (2019). Circular, Green, and Bio-Economy: How Do Companies in Land-Use Intensive Sectors Align with Sustainability Concepts? Ecological Economics, 158, 116–133. https://doi.org/10.1016/j.ecolecon.2018.12.026 | |
dc.relation.isbasedon | European Commission. (2014). Towards a circular economy: A zero waste programme for Europe, Communication from the commission to the European Parliament, the Council, The European Economic and Social Committee and the Committee of the Regions. Brussel. Retrieved from https://ec.europa.eu/environment/circular-economy/pdf/circular-economy-communication.pdf | |
dc.relation.isbasedon | EUROSTAT. (n.d.). Primary production – all products – annual data. Retrieved June 22, 2019, from http://appsso.eurostat.ec.europa.eu/nui/show.do?dataset=nrg_109a&lang=en | |
dc.relation.isbasedon | Garud, R., & Gehman, J. (2012). Metatheoretical perspectives on sustainability journeys: Evolutionary, relational and durational. Research Policy, 41(6), 980–995. https://doi.org/10.1016/J.RESPOL.2011.07.009 | |
dc.relation.isbasedon | Gasparatos, A., Doll, C. N. H., Esteban, M., Ahmed, A., & Olang, T. A. (2017). Renewable energy and biodiversity: Implications for transitioning to a Green Economy. Renewable and Sustainable Energy Reviews, 70, 161–184. https://doi.org/10.1016/J.RSER.2016.08.030 | |
dc.relation.isbasedon | Geissdoerfer, M., Savaget, P., Bocken, N. M. P., & Hultink, E. J. (2017). The Circular Economy – A new sustainability paradigm? Journal of Cleaner Production, 143, 757–768. https://doi.org/10.1016/J.JCLEPRO.2016.12.048 | |
dc.relation.isbasedon | Gregorio, V. F., Pié, L., & Terceño, A. (2018). A Systematic Literature Review of Bio, Green and Circular Economy Trends in Publications in the Field of Economics and Business Management. Sustainability, 10(11), 4232. https://doi.org/10.3390/su10114232 | |
dc.relation.isbasedon | Gupta, J., & Vegelin, C. (2016). Sustainable development goals and inclusive development. International Environmental Agreements: Politics, Law and Economics, 16(3), 433–448. https://doi.org/10.1007/s10784-016-9323-z | |
dc.relation.isbasedon | Heshmati, A. (2016). A Review of the Circular Economy and its Implementation. International Journal of Green Economics, 11(3/4), 251–288. https://doi.org/10.1504/IJGE.2017.089856 | |
dc.relation.isbasedon | Howes, M., Wortley, L., Potts, R., Dedekorkut-Howes, A., Serrao-Neumann, S., Davidson, J., ... Nunn, P. (2017). Environmental sustainability: a case of policy implementation failure? Sustainability, 9(2), 165. https://epubs.scu.edu.au/esm_pubs/3179/ | |
dc.relation.isbasedon | Hwang, C.-L., & Yoon, K. (1981). Multiple Attribute Decision Making. Methods and Applications, A State-of-the-Art Survey (Vol. 186). Berlin, Heidelberg: Springer. https://doi.org/10.1007/978-3-642-48318-9 | |
dc.relation.isbasedon | Ilić, M., & Nikolić, M. (2016). Drivers for development of circular economy – A case study of Serbia. Habitat International, 56, 191–200. https://doi.org/10.1016/j.habitatint.2016.06.003 | |
dc.relation.isbasedon | Kalmykova, Y., Rosado, L., & Patrício, J. (2016). Resource consumption drivers and pathways to reduction: economy, policy and lifestyle impact on material flows at the national and urban scale. Journal of Cleaner Production, 132, 70–80. https://doi.org/10.1016/J.JCLEPRO.2015.02.02 | |
dc.relation.isbasedon | Kalmykova, Y., Sadagopan, M., & Rosado, L. (2018). Circular economy – From review of theories and practices to development of implementation tools. Resources, Conservation and Recycling, 135, 190–201. https://doi.org/10.1016/j.resconrec.2017.10.034 | |
dc.relation.isbasedon | Kirchherr, J., Piscicelli, L., Bour, R., Kostense-Smit, E., Muller, J., Huibrechtse-Truijens, A., & Hekkert, M. (2018). Barriers to the Circular Economy: Evidence From the European Union (EU). Ecological Economics, 150, 264–272. https://doi.org/10.1016/j.ecolecon.2018.04.028 | |
dc.relation.isbasedon | Kirchherr, J., Reike, D., & Hekkert, M. (2017). Conceptualising the circular economy: An analysis of 114 definitions. Resources, Conservation and Recycling, 127, 221–232. https://doi.org/10.1016/j.resconrec.2017.09.005 | |
dc.relation.isbasedon | Korhonen, J., Honkasalo, A., & Seppälä, J. (2018). Circular Economy: The Concept and its Limitations. Ecological Economics, 143, 37–46. https://doi.org/10.1016/j.ecolecon.2017.06.041 | |
dc.relation.isbasedon | Loiseau, E., Saikku, L., Antikainen, R., Droste, N., Hansjürgens, B., Pitkänen, K., … Thomsen, M. (2016). Green economy and related concepts: An overview. Journal of Cleaner Production, 139, 361–371. https://doi.org/10.1016/J.JCLEPRO.2016.08.024 | |
dc.relation.isbasedon | Lund, P. (2012). The European Union challenge: integration of energy, climate, and economic policy. Wiley Interdisciplinary Reviews: Energy and Environment, 1(1), 60–68. https://doi.org/10.1002/wene.37 | |
dc.relation.isbasedon | Markard, J., Raven, R., & Truffer, B. (2012). Sustainability transitions: An emerging field of research and its prospects. Research Policy, 41(6), 955–967. https://doi.org/10.1016/J.RESPOL.2012.02.013 | |
dc.relation.isbasedon | Millar, N., McLaughlin, E., & Börger, T. (2019). The Circular Economy: Swings and Roundabouts? Ecological Economics, 158, 11–19. https://doi.org/10.1016/j.ecolecon.2018.12.012 | |
dc.relation.isbasedon | Murray, A., Skene, K., & Haynes, K. (2017). The Circular Economy: An Interdisciplinary Exploration of the Concept and Application in a Global Context. Journal of Business Ethics, 140(3), 369–380. https://doi.org/10.1007/s10551-015-2693-2 | |
dc.relation.isbasedon | OECD. (n.d.). Green Growth Indicators. Retrieved June 23, 2019, from https://stats.oecd.org/Index.aspx?DataSetCode=GREEN_GROWTH# | |
dc.relation.isbasedon | Ottelin, J., Heinonen, J., & Junnila, S. (2018). Carbon and material footprints of a welfare state: Why and how governments should enhance green investments. Environmental Science & Policy, 86, 1–10. https://doi.org/10.1016/J.ENVSCI.2018.04.011 | |
dc.relation.isbasedon | Pavić, Z., & Novoselac, V. (2013). Notes on TOPSIS Method. International Journal of Research in Engineering and Science, 1(2), 5–12. | |
dc.relation.isbasedon | Pekovic, S., Grolleau, G., & Mzoughi, N. (2018). Environmental investments: Too much of a good thing? International Journal of Production Economics, 197, 297–302. https://doi.org/10.1016/J.IJPE.2018.01.012 | |
dc.relation.isbasedon | Podviezko, A. (2012). Augmenting Multicriteria Decision Aid Methods by Graphical and Analytical Reporting Tools. In Niedrite L., Strazdina R., & Wangler B. (Eds.), Workshops on Business Informatics Research. BIR 2011. Lecture Notes in Business Information Processing (pp. 236–251). Berlin, Heidelberg: Springer. https://doi.org/10.1007/978-3-642-29231-6_19 | |
dc.relation.isbasedon | Puppim de Oliveira, J. A., Doll, C. N. H., Balaban, O., Jiang, P., Dreyfus, M., Suwa, A., … Dirgahayani, P. (2013). Green economy and governance in cities: assessing good governance in key urban economic processes. Journal of Cleaner Production, 58, 138–152. https://doi.org/10.1016/J.JCLEPRO.2013.07.043 | |
dc.relation.isbasedon | Raberto, M., Ozel, B., Ponta, L., Teglio, A., & Cincotti, S. (2019). From financial instability to green finance: the role of banking and credit market regulation in the Eurace model. Journal of Evolutionary Economics, 29(1), 429–465. https://doi.org/10.1007/s00191-018-0568-2 | |
dc.relation.isbasedon | Ringel, M., Schlomann, B., Krail, M., & Rohde, C. (2016). Towards a green economy in Germany? The role of energy efficiency policies. Applied Energy, 179, 1293–1303. https://doi.org/10.1016/J.APENERGY.2016.03.063 | |
dc.relation.isbasedon | Sarkar, A. (2013). A TOPSIS method to evaluate the technologies. International Journal of Quality & Reliability Management, 31(1), 2–13. https://doi.org/10.1108/IJQRM-03-2013-0042 | |
dc.relation.isbasedon | Scheel, C. (2016). Beyond sustainability. Transforming industrial zero-valued residues into increasing economic returns. Journal of Cleaner Production, 131, 376–386. https://doi.org/10.1016/J.JCLEPRO.2016.05.018 | |
dc.relation.isbasedon | Shmelev, S. E., & Speck, S. U. (2018). Green fiscal reform in Sweden: Econometric assessment of the carbon and energy taxation scheme. Renewable and Sustainable Energy Reviews, 90, 969–981. https://doi.org/10.1016/J.RSER.2018.03.032 | |
dc.relation.isbasedon | Stahel, W. R. (2016). The circular economy. Nature, 531(7595), 435–438. https://doi.org/10.1038/531435a | |
dc.relation.isbasedon | Taranic, I., Behrens, A., & Topi, C. (2016). Understanding the Circular Economy in Europe, from Resource Efficiency to Sharing Platforms: The CEPS Framework. CEPS Special Reports, 143. https://doi.org/10.13140/RG.2.2.14272.94728 | |
dc.relation.isbasedon | United Nations. (2016). Net official development assistance given or received as a percentage of gross national income. Retrieved from https://data.oecd.org/oda/net-oda.htm | |
dc.relation.isbasedon | United Nations. (2017). On the Role of Central Banks in Enhancing Green Finance (01 No. 17). | |
dc.relation.isbasedon | UNSD. (n.d.). Environment Statistics Database. Retrieved June 23, 2019, from http://data.un.org/Explorer.aspx?d=CLINO | |
dc.relation.isbasedon | Vanhamaki, S., Medkova, K., Malamakis, A., Kontogianni, S., Marisova, E., Huisman Dellago, D., & Moussiopoulos, N. (2019). Bio-based circular economy in European national and regional strategies. International Journal of Sustainable Development and Planning, 14(1), 31–43. https://doi.org/10.2495/SDP-V14-N1-31-43 | |
dc.relation.isbasedon | Vasiljevic-Shikaleska, A., Gjozinska, B., & Stojanovikj, M. (2017). The circular economy – a pathway to sustainable future. Journal of Sustainable Development, 7(17), 13–30. Retrieved from http://www.fbe.edu.mk/JSDv17.pdf | |
dc.relation.ispartof | Ekonomie a Management | cs |
dc.relation.ispartof | Economics and Management | en |
dc.relation.isrefereed | true | |
dc.rights | CC BY-NC | |
dc.subject | circular economy | en |
dc.subject | green economy | en |
dc.subject | TOPSIS | en |
dc.subject | MULTIMOORA | en |
dc.subject | Baltic states | en |
dc.subject.classification | G34 | |
dc.subject.classification | M12 | |
dc.title | Analysis of Green Economy Dimension in the Context of Circular Economy: The Case of Baltic Sea Region | en |
dc.type | Article | en |
local.access | open | |
local.citation.epage | 18 | |
local.citation.spage | 4 | |
local.faculty | Faculty of Economics | |
local.filename | EM_1_2020_01 | |
local.fulltext | yes | |
local.relation.abbreviation | E+M | cs |
local.relation.abbreviation | E&M | en |
local.relation.issue | 1 | |
local.relation.volume | 23 |
Files
Original bundle
1 - 1 of 1
Loading...
- Name:
- EM_1_2020_01.pdf
- Size:
- 1.79 MB
- Format:
- Adobe Portable Document Format
- Description:
- článek