Title |
From The Rebound Effect To The Perspective Of Circular Economy:A Structure Changes Analysis Among Eu Countries |
ID_Doc |
21310 |
Authors |
Gradinaru, GI; Maricut, AC |
Title |
From The Rebound Effect To The Perspective Of Circular Economy:A Structure Changes Analysis Among Eu Countries |
Year |
2022 |
Published |
Economic Computation And Economic Cybernetics Studies And Research, 56.0, 1 |
DOI |
10.24818/18423264/56.1.22.16 |
Abstract |
European Union represents a multicultural organization which aims to promote the common well-being and diversity in all forms. The national diversity leads to economic gaps among EU countries. Hence, two of the most important targets of European Union are reducing the discrepancies among countries and increasing social inclusion. Starting from the idea of inequalities among EU-27 countries, the paper aims to find out solutions to the structural relationship between economic gaps and resources efficiency among EU countries, the linkage between rebound effect and economic development and to analyse the perspective of Romanian economy across European Union over the period 2000-2019. In order to achieve all objectives, the period 2000-2019 will be split in two distinct periods, before Romania's accession to European Union (2000-2006) and after Romania's accession (2007-2019). Likewise, in consonance with paper's targets there were used data mining methods, like K-Means Clustering Algorithm and Random Forest Classification Model. By using these two methods of unsupervised and supervised learning, the paper shows the demeanour of European countries over the period 2000-2019 and, also, provides a radiography of the transition to European desiderates, a sustainable society and green economic. Following the objectives, it generates an analysis the EU-27 economic structure and the changes over the years, especially from rebound effect perspective. |
Author Keywords |
rebound effect; sustainable society; economic gaps; environment; public policies; EU-27 |
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:000777438800016 |
WoS Category |
Economics; Mathematics, Interdisciplinary Applications |
Research Area |
Business & Economics; Mathematics |
PDF |
https://doi.org/10.24818/18423264/56.1.22.16
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