Abstract:

The concept of circular economy is at the forefront of the main implementation areas for European countries to achieve their sustainable development goals. The circular economy process (recycling, repairing or remanufacturing) is the basic key for firms to respond to today's needs without using the resources of future generations. Therefore, increasing resource efficiency has become the most fundamental task of national economies. In the study, the effect of the circular economy on resource efficiency was measured by panel data analysis. Using the data of selected European countries between 2010 and 2021, the effect of waste generation, solid waste generation, recycling of biofuel waste and recycling of municipal waste on increasing resource efficiency was examined. From the results of the research, it was concluded that the production of solid waste, recycling of biofuel waste and recycling of municipal waste have an impact on resource efficiency.

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