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Journals / Çukurova Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi / 2026 / Cilt: 30 Sayı: 1

Circular Economy and Resource Productivity in OECD Countries: A Panel Causality Analysis

OECD Ülkelerinde Döngüsel Ekonomi ve Kaynak Verimliliği: Panel Nedensellik Analizi

İbrahim Örnek(KAHRAMANMARAŞ SÜTÇÜ İMAM ÜNİVERSİTESİ, İKTİSADİ VE İDARİ BİLİMLER FAKÜLTESİ, İKTİSAT BÖLÜMÜ)0000-0002-6802-6341
Tuğçe Dallı(KAHRAMANMARAŞ SÜTÇÜ İMAM ÜNİVERSİTESİ, İKTİSADİ VE İDARİ BİLİMLER FAKÜLTESİ, İKTİSAT BÖLÜMÜ)0000-0002-5862-1964
Pages
1–28
Publication Date
2026-09-12
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

The empirical findings reveal that these relationships vary across countries.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:The circular economy approach is a model developed in response to the rapid depletion of natural resources within the linear production–consumption process, aiming to keep resources in circulation within the economic system for as long as possible.
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Key Findings & Data:This study examines the causal relationship between circular economy indicators and resource productivity for 15 OECD countries over the period 2000–2023, employing a panel data approach.
💡
Conclusion & Impact:The empirical findings reveal that these relationships vary across countries.
🔬Design:Modeling & Simulation
📍Scope:2000–2023 Verileri
⚙️Variables:Döngüsel Ekonomi · Kaynak Verimliliği · OECD Ülkeleri

Abstract

The circular economy approach is a model developed in response to the rapid depletion of natural resources within the linear production–consumption process, aiming to keep resources in circulation within the economic system for as long as possible. This approach seeks to reduce environmental pressures by promoting reuse, recycling, and efficiency improvements in production and consumption processes. Resource productivity is widely regarded as one of the key indicators for assessing the effectiveness of circular economy policies. This study examines the causal relationship between circular economy indicators and resource productivity for 15 OECD countries over the period 2000–2023, employing a panel data approach. The analysis is based on the heterogeneous panel causality method proposed by Emirmahmutoğlu & Köse (2011). The empirical findings reveal that these relationships vary across countries. In particular, energy efficiency and recycling rates have statistically significant effects on resource productivity in some countries, while reverse causality relationships are identified in others. Overall, the results suggest that the effectiveness of circular economy policies depends on country-specific structural and institutional factors.

Özet

Döngüsel ekonomi yaklaşımı, doğal kaynakların doğrusal üretim–tüketim sürecinde hızla tükenmesine karşı geliştirilen ve kaynakların ekonomik sistemde mümkün olduğunca uzun süre dolaşımda kalmasını hedefleyen bir modeldir. Bu yaklaşım, yeniden kullanım, geri dönüşüm ve verimlilik artışı yoluyla çevresel baskıların azaltılmasını amaçlamaktadır. Kaynak verimliliği, döngüsel ekonomi politikalarının etkinliğini ortaya koymada başlıca göstergelerden biri olarak kabul edilmektedir. Bu çalışma, döngüsel ekonomi göstergeleri ile kaynak verimliliği arasındaki nedensellik ilişkisini 2000–2023 döneminde 15 OECD ülkesi için panel veri yöntemiyle incelemektedir. Analizde Emirmahmutoğlu & Köse (2011) heterojen panel nedensellik yaklaşımı kullanılmıştır. Elde edilen bulgular, ilişkilerin ülkeler arasında farklılaştığını göstermektedir. Özellikle enerji verimliliği ve geri dönüşüm oranlarının bazı ülkelerde kaynak verimliliği üzerinde anlamlı etkileri bulunurken, bazı ülkelerde ters yönlü ilişkiler tespit edilmiştir. Genel olarak sonuçlar, döngüsel ekonomi politikalarının etkinliğinin ülkelere özgü yapısal ve kurumsal faktörlere bağlı olduğunu ortaya koymaktadır.

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Cite This Article

Örnek, İ., Dallı, T. (2026). Circular Economy and Resource Productivity in OECD Countries: A Panel Causality Analysis. Çukurova Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, Cilt: 30 Sayı: 1, 1–28. https://doi.org/10.51945/cuiibfd.1935514

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