Green logistics and circular economy in alleviating CO2 emissions: Does waste generation and GDP growth matter in EU countries?

Sikder, Mukut, Wang, Chao, Rahman, Mohammad Mafizur, Yeboah, Frederick, Alola, Andrew Adewale, and Wood, Jacob (2024) Green logistics and circular economy in alleviating CO2 emissions: Does waste generation and GDP growth matter in EU countries? Journal of Cleaner Production, 449. 141708.

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Abstract

The integration of Green Logistics (GL) and Circular Economy (CE) have been recognized as critical concepts for achieving sustainable economic and environmental performance. However, there is a lack of understanding on the combine impacts of CE and GL in alleviating CO2 emissions in pioneering nations relying on these concepts. This study examines the role of CE and GL sustainable in curbing CO2 emissions of 13 developed European Union (EU) countries from 2000 to 2020. The neoclassical growth and IPAT models, including the pool mean autoregressive distributed lags (PMG-ARDL) and the vector error correction model (VECM) are employed to estimate the short- and long-run effects and heterogeneous causal relationships. The long-run results reveal that CE and GL can mitigate CO2 (carbon dioxide) emissions, while the generation of municipal waste (GMW) has negative impact on the environment. Moreover, the long-run relationship between economic growth, CE, GL, and GMW validates the Environmental Kuznets Curve (EKC) hypothesis. The study also confirms a bidirectional causality between CE, GL, and CO2 emissions over the long run. This study proposes a model for assessing the impact of CE and GL initiatives on environmental performance and sustainability in both pioneering developed regions and emerging economies yet to embrace green growth concepts.

Item ID: 82502
Item Type: Article (Research - C1)
ISSN: 0959-6526
Copyright Information: © 2024 Published by Elsevier Ltd.
Date Deposited: 04 Apr 2024 01:29
FoR Codes: 38 ECONOMICS > 3801 Applied economics > 380110 International economics @ 100%
SEO Codes: 15 ECONOMIC FRAMEWORK > 1502 Macroeconomics > 150203 Economic growth @ 50%
18 ENVIRONMENTAL MANAGEMENT > 1899 Other environmental management > 189999 Other environmental management not elsewhere classified @ 50%
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