IDEAS home Printed from https://ideas.repec.org/a/gam/jsusta/v12y2020i4p1458-d321141.html
   My bibliography  Save this article

Urban Circular Policies and Employment through Greenfield FDI

Author

Listed:
  • Spyridon Stavropoulos

    (Department of Applied Economics and Erasmus Happiness Research Organization (EHERO), Erasmus University, Rotterdam, Tinbergen Institute, P.O. Box 1738, 3000 DR Rotterdam, The Netherlands)

  • Martijn J. Burger

    (Department of Applied Economics and Erasmus Happiness Research Organization (EHERO), Erasmus University, Rotterdam, Tinbergen Institute, P.O. Box 1738, 3000 DR Rotterdam, The Netherlands)

  • Joke Dufourmont

    (Circle Economy, Mauritskade 64, 1092 AD Amsterdam, The Netherlands)

Abstract

This paper examines the association between circular strategies imposed by European cities on the attraction of greenfield foreign direct investment (FDI) and the creation of circular gross employment through greenfield FDI. We utilize a recently developed database of circular strategies employed by local authorities in 43 European cities with information on greenfield FDI in these cities and other city characteristics for the years 2016–2017. We find that urban circular policies are positively and significantly associated with the attraction of greenfield FDI–generated employment, where the effect is stronger for regulatory and economic instruments compared to soft instruments.

Suggested Citation

  • Spyridon Stavropoulos & Martijn J. Burger & Joke Dufourmont, 2020. "Urban Circular Policies and Employment through Greenfield FDI," Sustainability, MDPI, vol. 12(4), pages 1-10, February.
  • Handle: RePEc:gam:jsusta:v:12:y:2020:i:4:p:1458-:d:321141
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/2071-1050/12/4/1458/pdf
    Download Restriction: no

    File URL: https://www.mdpi.com/2071-1050/12/4/1458/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Schmidheiny, Kurt & Brülhart, Marius, 2011. "On the equivalence of location choice models: Conditional logit, nested logit and Poisson," Journal of Urban Economics, Elsevier, vol. 69(2), pages 214-222, March.
    2. Martijn J. Burger & Bert van der Knaap & Ronald S. Wall, 2013. "Revealed competition for greenfield investments between European regions," Journal of Economic Geography, Oxford University Press, vol. 13(4), pages 619-648, July.
    3. Alan Murray & Keith Skene & Kathryn Haynes, 2017. "The Circular Economy: An Interdisciplinary Exploration of the Concept and Application in a Global Context," Journal of Business Ethics, Springer, vol. 140(3), pages 369-380, February.
    4. Basile, Roberto & Castellani, Davide & Zanfei, Antonello, 2008. "Location choices of multinational firms in Europe: The role of EU cohesion policy," Journal of International Economics, Elsevier, vol. 74(2), pages 328-340, March.
    5. Winans, K. & Kendall, A. & Deng, H., 2017. "The history and current applications of the circular economy concept," Renewable and Sustainable Energy Reviews, Elsevier, vol. 68(P1), pages 825-833.
    6. Korhonen, Jouni & Honkasalo, Antero & Seppälä, Jyri, 2018. "Circular Economy: The Concept and its Limitations," Ecological Economics, Elsevier, vol. 143(C), pages 37-46.
    7. Will McDowall & Yong Geng & Beijia Huang & Eva Barteková & Raimund Bleischwitz & Serdar Türkeli & René Kemp & Teresa Doménech, 2017. "Circular Economy Policies in China and Europe," Journal of Industrial Ecology, Yale University, vol. 21(3), pages 651-661, June.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Anca C. Farcas & Charis M. Galanakis & Carmen Socaciu & Oana L. Pop & Dorin Tibulca & Adriana Paucean & Mirela A. Jimborean & Melinda Fogarasi & Liana C. Salanta & Maria Tofana & Sonia A. Socaci, 2020. "Food Security during the Pandemic and the Importance of the Bioeconomy in the New Era," Sustainability, MDPI, vol. 13(1), pages 1-11, December.
    2. Emodi, Nnaemeka Vincent & Wade, Belinda & Rekker, Saphira & Greig, Chris, 2022. "A systematic review of barriers to greenfield investment in decarbonisation solutions," Renewable and Sustainable Energy Reviews, Elsevier, vol. 165(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Hervé Corvellec & Alison F. Stowell & Nils Johansson, 2022. "Critiques of the circular economy," Journal of Industrial Ecology, Yale University, vol. 26(2), pages 421-432, April.
    2. Daniel A. Salas & Paulina Criollo & Angel D. Ramirez, 2021. "The Role of Higher Education Institutions in the Implementation of Circular Economy in Latin America," Sustainability, MDPI, vol. 13(17), pages 1-27, August.
    3. Ghinoi, Stefano & Silvestri, Francesco & Steiner, Bodo, 2020. "The role of local stakeholders in disseminating knowledge for supporting the circular economy: a network analysis approach," Ecological Economics, Elsevier, vol. 169(C).
    4. Zhengai Dong & Lichen Zhang & Houjian Li & Yanhui Gong & Yue Jiang & Qiumei Peng, 2022. "Knowledge Mapping and Institutional Prospects on Circular Carbon Economy Based on Scientometric Analysis," IJERPH, MDPI, vol. 19(19), pages 1-25, September.
    5. D. D’Amato, 2021. "Sustainability Narratives as Transformative Solution Pathways: Zooming in on the Circular Economy," Circular Economy and Sustainability, Springer, vol. 1(1), pages 231-242, June.
    6. Kirchherr, Julian & Piscicelli, Laura & Bour, Ruben & Kostense-Smit, Erica & Muller, Jennifer & Huibrechtse-Truijens, Anne & Hekkert, Marko, 2018. "Barriers to the Circular Economy: Evidence From the European Union (EU)," Ecological Economics, Elsevier, vol. 150(C), pages 264-272.
    7. Mohammadreza Akbari & John L. Hopkins, 2022. "Digital technologies as enablers of supply chain sustainability in an emerging economy," Operations Management Research, Springer, vol. 15(3), pages 689-710, December.
    8. Andrea Cecchin & Roberta Salomone & Pauline Deutz & Andrea Raggi & Laura Cutaia, 2021. "What Is in a Name? The Rising Star of the Circular Economy as a Resource-Related Concept for Sustainable Development," Circular Economy and Sustainability, Springer, vol. 1(1), pages 83-97, June.
    9. Gilbert Silvius & Aydan Ismayilova & Vicente Sales-Vivó & Micol Costi, 2021. "Exploring Barriers for Circularity in the EU Furniture Industry," Sustainability, MDPI, vol. 13(19), pages 1-25, October.
    10. Georgios Lanaras-Mamounis & Anastasios Kipritsis & Thomas A. Tsalis & Konstantinos Ι. Vatalis & Ioannis E. Nikolaou, 2022. "A Framework for Assessing the Contribution of Firms to Circular Economy: a Triple-Level Approach," Circular Economy and Sustainability, Springer, vol. 2(3), pages 883-902, September.
    11. Isabel Mendes, 2020. "The Circular Economy: an Ancient Term that Became Polysemic," Working Papers Department of Economics 2020/02, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa.
    12. Osei, Vivian & Bai, Chunguang & Asante-Darko, Disraeli & Quayson, Matthew, 2023. "Evaluating the barriers and drivers of adopting circular economy for improving sustainability in the mining industry," Resources Policy, Elsevier, vol. 86(PB).
    13. OCOLIȘANU Andreea & DOBROTĂ Gabriela & AGÂRBICEANU Marcela Simona, 2022. "The Implications Of The Circular Economy On Sustainable Economic Growth," Management of Sustainable Development, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 14(1), pages 16-21, June.
    14. Bas Karreman & Martijn J. Burger & Frank G. van Oort, 2017. "Location Choices of Chinese Multinationals in Europe: The Role of Overseas Communities," Economic Geography, Taylor & Francis Journals, vol. 93(2), pages 131-161, March.
    15. John Rincón-Moreno & Marta Ormazabal & Maria J. Álvarez & Carmen Jaca, 2020. "Shortcomings of Transforming a Local Circular Economy System through Industrial Symbiosis: A Case Study in Spanish SMEs," Sustainability, MDPI, vol. 12(20), pages 1-18, October.
    16. Hermann, Roberto Rivas & Pansera, Mario & Nogueira, Leticia Antunes & Monteiro, Marko, 2022. "Socio-technical imaginaries of a circular economy in governmental discourse and among science, technology, and innovation actors: A Norwegian case study," Technological Forecasting and Social Change, Elsevier, vol. 183(C).
    17. Ana Beatriz Lopes de Sousa Jabbour & Charbel Jose Chiappetta Jabbour & Moacir Godinho Filho & David Roubaud, 2018. "Industry 4.0 and the circular economy: a proposed research agenda and original roadmap for sustainable operations," Annals of Operations Research, Springer, vol. 270(1), pages 273-286, November.
    18. Raphaëlle Stewart & Monia Niero, 2018. "Circular economy in corporate sustainability strategies: A review of corporate sustainability reports in the fast‐moving consumer goods sector," Business Strategy and the Environment, Wiley Blackwell, vol. 27(7), pages 1005-1022, November.
    19. Hondroyiannis, G. & Sardianou, E. & Nikou, V. & Evangelinos, K. & Nikolaou, I., 2024. "Circular economy and macroeconomic performance: Evidence across 28 European countries," Ecological Economics, Elsevier, vol. 215(C).
    20. Rocio de la Torre & Bhakti S. Onggo & Canan G. Corlu & Maria Nogal & Angel A. Juan, 2021. "The Role of Simulation and Serious Games in Teaching Concepts on Circular Economy and Sustainable Energy," Energies, MDPI, vol. 14(4), pages 1-21, February.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jsusta:v:12:y:2020:i:4:p:1458-:d:321141. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.