Journal of Recycling Economy & Sustainability Policy

Innovative Strategic Framework for Enhancing Sustainability in the Sri Lankan Construction Sector Through Circular Economy

Nivethan Moganaraj — 2024-09-07

This research aims at how circular economy concepts could be integrated into Sri Lanka's construction sector to improve sustainability and line with global environmental goals. To identify barriers to CE adoption, a mixed-method approach was used, beginning with a systematic literature review and progressing to a complete survey and correlation analysis. Key challenges highlighted include a lack of understanding, resistance to change, and insufficient regulatory frameworks. Descriptive statistics demonstrated that respondents consistently perceived these obstacles; but correlation analysis revealed substantial links between barriers such as knowledge gaps, budgetary limits, and regulatory problems. The findings provide a strategic framework for promoting innovation and sustainable practices, both of which are critical to Sri Lanka's construction industry's long-term resilience in the face of global environmental issues.

Economic Valuation of Environmental Goods and Services Using Discrete Choice Experiments

Recep Ulucak — 2024-08-24

This study focuses on Discrete Choice Experiments (DCEs), which are increasingly gaining importance in the field of environmental valuation. DCEs are highlighted as a powerful method for revealing individuals' preferences for non-market environmental goods and services. The study delves into the theoretical foundations of DCEs, particularly Random Utility Theory, and its role in modeling environmental preferences. Additionally, it comprehensively addresses the steps involved in the selection of attributes and levels, experimental design, and data collection processes that must be considered in DCE design. While providing practical guidance on the application of DCEs in environmental valuation, the study also compares this method with other environmental valuation techniques. Furthermore, it emphasizes the econometric models used in DCEs and the advantages they offer. Finally, the study discusses the impact of DCEs on environmental policies and highlights how these methods can serve as valuable tools for decision-makers.

The Impact Of Public Debt On Private Sector Investments: The Case Of Türkiye

AHMED ELACCEN — 2024-09-08

This study aims to examine the asymmetric and long-term effects of increasing public debt on private investments in Turkey. It encompasses time series data covering the period from 1975 to 2023. The findings of this study suggest that an increase in public expenditures, leading to a budget deficit and consequently increasing public debt, contributes to a reduction in financial resources available to the private sector. Additionally, it was found that investments in the private sector are crowded out by public debt. In this regard, the findings support the classical theory. The analysis based on Fourier test results supports the Ricardo Equivalence Theorem, which posits that the public sector has no impact on the private sector. In conclusion, it is recommended that public sector financial resources be directed towards development projects, investment in infrastructure, and encouraging greater participation of the private sector in development projects.

Human Resources, "Green HR" and Job Satisfaction

Tamás Kőkuti — 2024-10-08

By the beginning of the 21st century, the idea of sustainability and green thinking had reached and even permeated the field of HR. All of this is driven by technological advances led by digitalization, robotics and artificial intelligence as "flagships". Clearly, the changed circumstances are generating changes in the requirements for retaining skilled workers. This paper presents the Green Deal, the intentions and attitudes of managers in the context of sustainability factors, HR policies reinterpreted in the context of sustainability, the conditions for employee satisfaction in the 21st century, and recent research results on these issues in the competitive-, higher education- and health sectors, based on the method of literature analysis.

2030 Outlook for Global Cargo: ARIMA Predictions for Maritime Trade

Nergis Özispa — 2024-11-08

Given the high capital requirements of the maritime transportation sector, errors in decision-making can lead to significant financial consequences. As a result, accurate future projections are crucial for minimizing risk. This study aims to provide decision support mechanisms for industry stakeholders and policymakers by forecasting the outlook for seaborne cargoes—categorized as Dry, Crude Oil, and Other Tanker cargoes—through to 2030. The dataset covers the period from 1970 to 2021, consisting of 52 annual observations. Based on our ARIMA estimates, Dry cargo volumes are projected to grow by 11.1% by 2030 compared to 2021, whereas Other Tanker cargo volumes are expected to decrease by 1.2%, and Crude Oil tanker volumes are anticipated to decline by 10.7%. The study's projections offer a crucial understanding of the evolving cargo landscape, highlighting potential shifts in global trade patterns and the need for strategic planning in the maritime industry to maintain competitiveness and efficiency. These findings will help maritime sector participants and policymakers make informed decisions regarding fleet management, infrastructure investments, and regulatory adjustments to adapt to shifting cargo demands.