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- W2912016806 abstract "The aim of this study is to analyse the circular linkages between recycling and economic development, where renewable energy plays an additional role in this process. We use a two-equation model, which describes a cumulative causation process with feedback effects, where recycling (among other growth inducing factors) is assumed to be important for sustainable economic development (given by the Human Development Index) and vice-versa. The system of simultaneous equations is estimated by 3sls, both in a static form and introducing dynamics into the model, for a panel of 28 OECD countries over the period 2004-2015. The empirical evidence suggests a strong relationship between the economic development level and the recycling rate with feedback effects, supporting the idea of a circular cumulative causation process driven mostly by higher human capital skills and, to a lesser extent, by innovation. Atmospheric pollution also stimulates the recycling process." @default.
- W2912016806 created "2019-02-21" @default.
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- W2912016806 date "2018-01-01" @default.
- W2912016806 modified "2023-09-27" @default.
- W2912016806 title "The Cycle of recycling and sustainable development. Evidence from the OECD Countries" @default.
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