Circular Economy Indicators as a Supporting Tool for Regional Development

Abstract

The aim of the thesis is to analyse the influence of circular economy indicators on regional development in selected European countries. The study explains the concept of circular economy, then defines its main indicators and analyses their impact on regional development. The study adopted Czech Republic, Germany and Netherlands as case study countries to examine their circular economy indicators on regional development indicator Gross Domestic Product (GDP). The study found that circular economy indicators such as Waste Management, Secondary raw materials, Production and Consumption, and National Budget expenditure on environmental protection have significant positive impacts on regional development indicator Gross Domestic Product (GDP) in the three countries, Czech Republic, Germany and Netherlands.