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The Characterization of the Romanian Circular Economy’s Potential, at County Level

Author

Listed:
  • Vasile Alecsandru Strat

    (Bucharest University of Economic Studies, Romania)

  • Cristian Teodor

    (Bucharest University of Economic Studies, Romania)

  • Andreea Simona Saseanu

    (Bucharest University of Economic Studies, Romania)

Abstract

The complexity of the challenges faced by the world economy over the past decades is a clear indication that the linear economic model that starts with the exploitation of resources and ends with the disposal of waste is almost reaching its limits. These limitations are obvious in the following areas: resource exploitation, environment, economic added value of a unit of consumed resource, and also on the labour market. Under these circumstances, the circular economy model, which provides feasible solutions for all of these areas where the linear economic model shows its limitations, becomes an alternative to be taken into account. Although these challenges are global in nature, it is obvious that a functional global circular economy can be built incrementally starting from the interconnection of national circular economies that rely on interconnected regional circular economies. Using this hypothesis, in this paper we propose an indicator that can be used for a multi-criteria evaluation of the potential for developing a circular economy at national level, for the case of Romania. Our proposed approach allows the assessment of the county’s potential based on a six-dimensional indicator and on 16 individual variables, built on a methodology similar to the one used for the indicator measuring the potential of an economy to attract foreign direct investment proposed by UNCTAD (United Nations Conference on Trade and Development) in WIR2012 (World Investment Report 2012). Thus, using the 16 variables collected for the period 2008-2014, the circular economy potential indicator was calculated based on the NIS and NTRO databases. Among the most important empirical results are the identification of the concentration poles, which, in 2014, are represented by the city of Bucharest and by the counties: Braila, Constanta, Mures, Alba, Sibiu and Maramures and the identification of areas with low potential, which are Oltenia, Muntenia and the central and north-eastern area of Moldova

Suggested Citation

  • Vasile Alecsandru Strat & Cristian Teodor & Andreea Simona Saseanu, 2018. "The Characterization of the Romanian Circular Economy’s Potential, at County Level," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 20(48), pages 278-278.
    • Handle: RePEc:aes:amfeco:v:20:y:2018:i:48:p:278
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    References listed on IDEAS

    as
    1. David Lazarevic & Emmanuelle Aoustin & Nicolas Buclet & Nils Brandt, 2010. "Plastic Waste Management in the context of a European recycling society," Post-Print halshs-00584531, HAL.
    2. John Ehrenfeld & Nicholas Gertler, 1997. "Industrial Ecology in Practice: The Evolution of Interdependence at Kalundborg," Journal of Industrial Ecology, Yale University, vol. 1(1), pages 67-79, January.
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    Cited by:

    1. Sanja Arsova & Andrea Genovese & Panayiotis H. Ketikidis & Josep Pinyol Alberich & Adrian Solomon, 2021. "Implementing Regional Circular Economy Policies: A Proposed Living Constellation of Stakeholders," Sustainability, MDPI, vol. 13(9), pages 1-17, April.
    2. Iuliana Raluca Gheorghe & Victor Lorin Purcarea & Consuela Madalina Gheorghe, 2023. "Antecedents of Consumer Intentions towards E-waste Recycling. A Perspective on the Toy Industry from Romania," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 25(62), pages 163-163, February.
    3. Codruța Cornelia Dura & Ana Maria Mihaela Iordache & Alexandru Ionescu & Claudia Isac & Teodora Odett Breaz, 2022. "Analyzing Performance in Wholesale Trade Romanian SMEs: Framing Circular Economy Business Scenarios," Sustainability, MDPI, vol. 14(9), pages 1-34, May.
    4. Irina Albastroiu Nastase & Cristian Negrutiu & Mihai Felea & Carmen Acatrinei & Andrei Cepoi & Adrian Istrate, 2021. "Toward a Circular Economy in the Toy Industry: The Business Model of a Romanian Company," Sustainability, MDPI, vol. 14(1), pages 1-25, December.
    5. Oana Dobre-Baron & Alina Nițescu & Dorina Niță & Cătălin Mitran, 2022. "Romania’s Perspectives on the Transition to the Circular Economy in an EU Context," Sustainability, MDPI, vol. 14(9), pages 1-26, April.

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    More about this item

    Keywords

    circular economy; regional development; Romania; aggregated indicator;
    All these keywords.

    JEL classification:

    • C43 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Index Numbers and Aggregation
    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • O44 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Environment and Growth
    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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