Circular resource efficiency through climatic governance and sustainable competitiveness interaction: Global policy insights for SDG 12

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60460709%3A41110%2F25%3A106240" target="_blank" >RIV/60460709:41110/25:106240 - isvavai.cz</a>

Výsledek na webu

<a href="https://www.sciencedirect.com/science/article/pii/S2666188825011086?pes=vor&utm_source=clarivate&getft_integrator=clarivate" target="_blank" >https://www.sciencedirect.com/science/article/pii/S2666188825011086?pes=vor&utm_source=clarivate&getft_integrator=clarivate</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.1016/j.sftr.2025.101548" target="_blank" >10.1016/j.sftr.2025.101548</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Circular resource efficiency through climatic governance and sustainable competitiveness interaction: Global policy insights for SDG 12

Popis výsledku v původním jazyce

SDG 12 is about responsible consumption and production, and this study is particularly designed for its attainment using circular practices as its instrument. However, it is assumed that the interaction of climatic governance and sustainable competitiveness can make this happen. Circular practices are important because they reduce waste and pressure on resource utilization and support cleaner production. This study is based on global data from 2017 to 2024. For empirical analysis, Panel Quantile Regression (PQR) supported by Markov Chain Monte Carlo (MCMC) simulation is used, this technique is robust for endogeneity and non-normality. Further, robustness is confirmed through Bayesian regression. According to the results, as determinants, competitiveness and governance are showing higher pressure on natural resources by increasing the material footprint from biomass. But their interaction is favorable for more circular and sustainable outcomes. This interaction is tested on the 25th, 50th, and 75th Quantiles, and interestingly, only the 50th Quantile depicts highly satisfactory results. Economic globalization, renewable energy, and digitalization are the model's controlling factors, and only economic globalization is favorable for circularity. Overall, this study provides valuable contributions for policymakers seeking to promote circular practices through sustainable competitiveness and climate governance.

Název v anglickém jazyce

Circular resource efficiency through climatic governance and sustainable competitiveness interaction: Global policy insights for SDG 12

Popis výsledku anglicky

SDG 12 is about responsible consumption and production, and this study is particularly designed for its attainment using circular practices as its instrument. However, it is assumed that the interaction of climatic governance and sustainable competitiveness can make this happen. Circular practices are important because they reduce waste and pressure on resource utilization and support cleaner production. This study is based on global data from 2017 to 2024. For empirical analysis, Panel Quantile Regression (PQR) supported by Markov Chain Monte Carlo (MCMC) simulation is used, this technique is robust for endogeneity and non-normality. Further, robustness is confirmed through Bayesian regression. According to the results, as determinants, competitiveness and governance are showing higher pressure on natural resources by increasing the material footprint from biomass. But their interaction is favorable for more circular and sustainable outcomes. This interaction is tested on the 25th, 50th, and 75th Quantiles, and interestingly, only the 50th Quantile depicts highly satisfactory results. Economic globalization, renewable energy, and digitalization are the model's controlling factors, and only economic globalization is favorable for circularity. Overall, this study provides valuable contributions for policymakers seeking to promote circular practices through sustainable competitiveness and climate governance.

Druh

J_imp - Článek v periodiku v databázi Web of Science

CEP obor

—

OECD FORD obor

10511 - Environmental sciences (social aspects to be 5.7)

Projekt

—

Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2025

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

SUSTAINABLE FUTURES

ISSN

2666-1888

e-ISSN

2666-1888

Svazek periodika

10

Číslo periodika v rámci svazku

neuvedeno

Stát vydavatele periodika

NL - Nizozemsko

Počet stran výsledku

11

Strana od-do

1-11

Kód UT WoS článku

001629536400002

EID výsledku v databázi Scopus

2-s2.0-105022495440