IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/120929.html
   My bibliography  Save this paper

Circular Economy and agribusiness sector: Creating long-run benefits for the environment

Author

Listed:
  • Ekonomou, George
  • Halkos, George

Abstract

Climate change and environmental degradation constitute challenging and demanding issues that need mitigation and adaptation strategies and plans, as well as scientific research to test the causality between economic growth and pollution levels. From this viewpoint, the present theoretical approach defines the concept of circular economy in the high-leverage economic sector, which is the agribusiness sector. A circular economy approach can help agribusiness develop its potential in terms of quality and sustainability without losing its economic orientation and perspective. The circular economy assists in becoming competitive, producing eco-friendly products, minimizing materials used and wastes, and protecting the good ecological status of natural resources, such as land and water resources. Management approaches such as the project management methodology and the construction of a circular business model canvas will provide a solid bedrock on which the circular economy projects within the business will create tangible and sustainable results in a sustainable manner. Furthermore, the concept of environmental benchmarking is a valuable tool for comparing the business's environmental performance with those considered leaders or bets in class in the field.

Suggested Citation

  • Ekonomou, George & Halkos, George, 2024. "Circular Economy and agribusiness sector: Creating long-run benefits for the environment," MPRA Paper 120929, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:120929
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/120929/1/MPRA_paper_120929.pdf
    File Function: original version
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. George Ekonomou & George Halkos, 2023. "Exploring the Impact of Economic Growth on the Environment: An Overview of Trends and Developments," Energies, MDPI, vol. 16(11), pages 1-19, June.
    2. Halkos, George, 2018. "Advances in Green Economy and Sustainability: Introduction," MPRA Paper 86534, University Library of Munich, Germany.
    3. Zengwei Yuan & Jun Bi & Yuichi Moriguichi, 2006. "The Circular Economy: A New Development Strategy in China," Journal of Industrial Ecology, Yale University, vol. 10(1‐2), pages 4-8, January.
    4. Halkos, George E. & Aslanidis, Panagiotis – Stavros C., 2023. "Sustainable energy development in an era of geopolitical multi-crisis. Applying productivity indices within institutional framework," Resources Policy, Elsevier, vol. 85(PB).
    5. Halkos, George E., 2003. "Environmental Kuznets Curve for sulfur: evidence using GMM estimation and random coefficient panel data models," Environment and Development Economics, Cambridge University Press, vol. 8(4), pages 581-601, October.
    6. George E. Halkos, 2013. "Exploring the economy -- environment relationship in the case of sulphur emissions," Journal of Environmental Planning and Management, Taylor & Francis Journals, vol. 56(2), pages 159-177, March.
    7. George Halkos & George Ekonomou, 2023. "Can Business and Leisure Tourism Spending Lead to Lower Environmental Degradation Levels? Research on the Eurozone Economic Space," Sustainability, MDPI, vol. 15(7), pages 1-16, March.
    Full references (including those not matched with items on IDEAS)

    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. Halkos, George & Managi, Shunsuke, 2023. "New developments in the disciplines of environmental and resource economics," Economic Analysis and Policy, Elsevier, vol. 77(C), pages 513-522.
    2. Halkos, George & Aslanidis, Panagiotis-Stavros, 2024. "Reviewing environmental aspects under the scope of ESG," MPRA Paper 120298, University Library of Munich, Germany.
    3. George Halkos & Stylianos Nomikos & Antonis Skouloudis, 2021. "Revisiting ISO 14001 diffusion among national terrains: panel data evidence from OECD countries and the BRIICS," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 23(4), pages 781-803, October.
    4. Muhammad Bilal Khan & Hummera Saleem & Malik Shahzad Shabbir & Xie Huobao, 2022. "The effects of globalization, energy consumption and economic growth on carbon dioxide emissions in South Asian countries," Energy & Environment, , vol. 33(1), pages 107-134, February.
    5. Halkos, George & Petrou, Kleoniki Natalia, 2017. "Regional environmental efficiency in waste generation," MPRA Paper 81237, University Library of Munich, Germany.
    6. Economou, George & Halkos, George, 2024. "Is economic growth sustainable in the long run? The answer might not be obvious," MPRA Paper 119780, University Library of Munich, Germany.
    7. Ekonomou, George & Halkos, George, 2023. "Is tourism growth a power of environmental‘de -degradation’? An empirical analysis for Eurozone economic space," Economic Analysis and Policy, Elsevier, vol. 77(C), pages 1016-1029.
    8. Halkos, George, 2018. "Environment and Sustainable Development," MPRA Paper 86490, University Library of Munich, Germany.
    9. Halkos, George & Polemis, Michael, 2016. "Examining the impact of financial development on the environmental Kuznets curve hypothesis," MPRA Paper 75368, University Library of Munich, Germany.
    10. Ekonomou, George & Halkos, George, 2024. "Establishing a benchmarking approach in tourism organizations and destinations," MPRA Paper 121754, University Library of Munich, Germany.
    11. Halkos, George, 2018. "Advances in Green Economy and Sustainability: Introduction," MPRA Paper 86534, University Library of Munich, Germany.
    12. George E. Halkos, 2024. "Modeling Energy–Environment–Economy Interrelations," Energies, MDPI, vol. 17(24), pages 1-4, December.
    13. George Halkos & George Ekonomou, 2023. "Can Business and Leisure Tourism Spending Lead to Lower Environmental Degradation Levels? Research on the Eurozone Economic Space," Sustainability, MDPI, vol. 15(7), pages 1-16, March.
    14. George Ekonomou & George Halkos, 2024. "Expanding the tourism energy growth nexus: an empirical analysis within the Eurozone," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 26(11), pages 27585-27605, November.
    15. George E. Halkos & Michael L. Polemis, 2017. "Does Financial Development Affect Environmental Degradation? Evidence from the OECD Countries," Business Strategy and the Environment, Wiley Blackwell, vol. 26(8), pages 1162-1180, December.
    16. George E. Halkos & Christina Bampatsou, 2019. "Economic growth and environmental degradation: a conditional nonparametric frontier analysis," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 21(2), pages 325-347, April.
    17. Halkos, George & Paizanos, Epameinondas, 2015. "Environmental Macroeconomics: A critical literature review and future empirical research directions," MPRA Paper 67432, University Library of Munich, Germany.
    18. Muhammad Mar’I & Mehdi Seraj & Turgut Tursoy, 2023. "The Role of Fiscal Policy in G20 Countries in the Context of the Environmental Kuznets Curve Hypothesis," Energies, MDPI, vol. 16(5), pages 1-16, February.
    19. Christos Kollias & Stephanos Papadamou, 2016. "Environmentally Responsible and Conventional Market Indices’ Reaction to Natural and Anthropogenic Adversity: A Comparative Analysis," Journal of Business Ethics, Springer, vol. 138(3), pages 493-505, October.
    20. Halkos, George & Polemis, Michael, 2016. "The good, the bad and the ugly? Balancing environmental and economic impacts towards efficiency," MPRA Paper 72132, University Library of Munich, Germany.

    More about this item

    Keywords

    Environmental degradation; circular economy; agribusiness sector; sustainability.;
    All these keywords.

    JEL classification:

    • Q10 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - General
    • Q13 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Markets and Marketing; Cooperatives; Agribusiness
    • Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy; Animal Welfare Policy
    • Q50 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - General
    • Q53 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Air Pollution; Water Pollution; Noise; Hazardous Waste; Solid Waste; Recycling
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    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:pra:mprapa:120929. 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: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .

    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.