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Title Assessing the linkages between recycling, renewable energy and sustainable development: evidence from the OECD countries
ID_Doc 17272
Authors Cerqueira, PA; Soukiazis, E; Proença, S
Title Assessing the linkages between recycling, renewable energy and sustainable development: evidence from the OECD countries
Year 2021
Published Environment Development And Sustainability, 23, 7
DOI 10.1007/s10668-020-00780-4
Abstract The aim of this study is to analyze the circular interconnections between recycling, renewable energy and economic development. A multi-equation system is employed, where recycling and renewable energy (among other growth-inducing factors) are assumed to be important for promoting sustainable development (as provided by the Human Development Index), showing that both are mostly driven by technology and human capital skills. The system of simultaneous equations is estimated in static and dynamic form through 3sls, exploring panel data for a set of 28 OECD countries over the period 2000-2016, capturing in this way important linkages between the levels of economic development, renewable energy consumption and recycling rates. The empirical evidence shows that the circular process is characterized by cumulative linkages with feedback effects, where recycling and renewable energy are important policy factors for generating sustainable economic development with less climate deterioration. This result supports the idea of circular interconnections between economic development and green policies, through renewables and recycling, generating a self-sustained development without environmental deterioration.
Author Keywords Recycling; Renewable energy; Sustainable development; Simultaneous equation system; Panel data
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Science Citation Index Expanded (SCI-EXPANDED); Social Science Citation Index (SSCI)
EID WOS:000535097800001
WoS Category Green & Sustainable Science & Technology; Environmental Sciences
Research Area Science & Technology - Other Topics; Environmental Sciences & Ecology
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