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An Exploration of Circular Economy Practices and Performance Among Romanian Producers

Author

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  • Elena Aurelia Botezat

    (Department of Management and Marketing, Faculty of Economic Sciences, University of Oradea, 1 University Street, 410087 Oradea, Romania)

  • Anca Otilia Dodescu

    (Department of Economics, Faculty of Economic Sciences, University of Oradea, 1 University Street, 410087 Oradea, Romania)

  • Sebastian Văduva

    (The Griffiths School of Management and IT within Emanuel University of Oradea, 87 Nufarului St., 410597 Oradea, Romania)

  • Silvia Liana Fotea

    (The Bucharest University of Economic Studies, 6 Piata Romana, 1st District, 010374 Bucharest, Romania)

Abstract

Economic growth is the mandate of the global economy and with our planet’s population poised to reach 10 billion people, economists are searching for sustainable economic growth approaches that do not increase raw materials consumption nor deplete and damage our environment. This mandate is the heart of the Circular Economy (CE), a challenge to theoreticians and practitioners alike to continue global economic growth, but with fewer resources and protective methods for our environment. The European Union (EU) economies were early adopters of CE and are now demanding similar adoptions from its recently integrated members from the East. Romania is one of the laggard states in this transition, given its heritage and lack of economic sophistication. Our paper identifies the practices and performance of Romanian producers regarding the implementation of the CE principles, so future recommendations can be formulated. In surveying the Romanian firms, we applied a cluster analysis based on their level of green-oriented supply chain cooperation (GSCC) practices. The respondents were grouped into two clusters: “low green-oriented supply chain cooperation (GSCC) scorers” and “high green-oriented supply chain cooperation (GSCC) scorers’. The results suggest that cluster membership partially influence CE practices and fully influence CE-targeted performance.

Suggested Citation

  • Elena Aurelia Botezat & Anca Otilia Dodescu & Sebastian Văduva & Silvia Liana Fotea, 2018. "An Exploration of Circular Economy Practices and Performance Among Romanian Producers," Sustainability, MDPI, vol. 10(9), pages 1-17, September.
    • Handle: RePEc:gam:jsusta:v:10:y:2018:i:9:p:3191-:d:168168
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    4. Corinna Vera Hedwig Schmidt & Bastian Kindermann & Cassian Felix Behlau & Tessa Christina Flatten, 2021. "Understanding the effect of market orientation on circular economy practices: The mediating role of closed‐loop orientation in German SMEs," Business Strategy and the Environment, Wiley Blackwell, vol. 30(8), pages 4171-4187, December.
    5. Vítor Domingues Martinho & Paulo Reis Mourão, 2020. "Circular Economy and Economic Development in the European Union: A Review and Bibliometric Analysis," Sustainability, MDPI, vol. 12(18), pages 1-25, September.
    6. Cornel Zamfirescu & Andrei Cotirla, 2024. "The New Model of Sustainable Development and Economic Performance at European Level in the Current Geopolitical Context," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 2, pages 115-125.
    7. Jun-Der Leu & Larry Jung-Hsing Lee & Yi-Wei Huang & Chia-Chi Huang, 2021. "Sustainable Supply Chains: Evidence from Small and Medium-Sized Manufacturers," Sustainability, MDPI, vol. 13(16), pages 1-22, August.
    8. Anna Avdiushchenko & Paweł Zając, 2019. "Circular Economy Indicators as a Supporting Tool for European Regional Development Policies," Sustainability, MDPI, vol. 11(11), pages 1-22, May.
    9. Duarte Xara-Brasil & João Pedro Cordeiro & Luísa Cagica Carvalho & Pedro Pardal & Paulo Duarte Silveira, 2023. "Consumer, Retailer, and Producer Green Orientation as a Marketing Driver: An Empirical Study in an Urban Food Market," Sustainability, MDPI, vol. 15(4), pages 1-13, February.
    10. Anca-Otilia Dodescu & Elena-Aurelia Botezat & Alexandru Constăngioară & Ioana-Crina Pop-Cohuţ, 2021. "A Partial Least-Square Mediation Analysis of the Contribution of Cross-Campus Entrepreneurship Education to Students’ Entrepreneurial Intentions," Sustainability, MDPI, vol. 13(16), pages 1-26, August.
    11. Claudia Diana Sabău-Popa & Alexandra Maria Bele & Anca Otilia Dodescu & Marcel Ioan Boloș, 2022. "How Does the Circular Economy Applied in the European Union Support Sustainable Economic Development?," Sustainability, MDPI, vol. 14(16), pages 1-16, August.
    12. Alexandra Barón Dorado & Gerusa Giménez Leal & Rodolfo de Castro Vila, 2022. "Environmental policy and corporate sustainability: The mediating role of environmental management systems in circular economy adoption," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 29(4), pages 830-842, July.
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    14. Gatto, Andrea & Drago, Carlo & Panarello, Demetrio & Aldieri, Luigi, 2023. "Energy transition in China: Assessing progress in sustainable development and resilience directions," International Economics, Elsevier, vol. 176(C).

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