A Multivariate Approach to Evaluation of Advancement to Circular Economy in European Union Countries

Alicja Grześkowiak , Piotr Peternek

Abstract

The purpose of this paper is to evaluate the degree of transition to circular economy in European Union countries. The study is based on official data from Eurostat (2016). As circular economy is a complex idea, various multivariate statistical methods are used to analyze the problem: linear ordering, cluster analysis and multidimensional scaling. The results allowed for identifying the leaders and laggards of the process. However, no distinct clusters were detected.
Author Alicja Grześkowiak (E&F / DoEaOR)
Alicja Grześkowiak,,
- Department of Econometrics and Operational Research
, Piotr Peternek (E&F / DoEaOR)
Piotr Peternek,,
- Department of Econometrics and Operational Research
Pages3290-3295
Publication size in sheets0.5
Book Soliman Khalid S. (eds.): Education Excellence and Innovation Management: A 2025 Vision to Sustain Economic Development during Global Challenges, 2020, International Business Information Management Association (IBIMA), ISBN 9780999855141
Keywords in EnglishCircular Economy, European Union, Indicators, Multivariate Analysis
Languageen angielski
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Grzeskowiak_A_Peternek_P_A_Multivariate_Approach.pdf 73,97 KB
Score (nominal)70
Score sourceconferenceList
Citation count*
Additional fields
UwagaThe project is financed by the Ministry of Science and Higher Education in Poland under the programme "Regional Initiative of Excellence" 2019-2022, project number 015/RID/2018/19, total funding amount 10 721 040,00 PLN.
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* presented citation count is obtained through Internet information analysis and it is close to the number calculated by the Publish or Perish system.
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