Indicators to Measure Efficiency in Circular Economies
Faculty of Economics and Business Administration, University of Cádiz, Avda. Duque de Nájera, 8, 11002-Cádiz, Spain
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Sustainability 2020, 12(11), 4483; https://doi.org/10.3390/su12114483
Received: 12 May 2020 / Revised: 28 May 2020 / Accepted: 29 May 2020 / Published: 1 June 2020
(This article belongs to the Special Issue Circular Economy and Sustainable Strategies)
In this paper, a number of indicators are shown to measure economic efficiency in terms of circular economy (CE). The European Union affirms the need for a comprehensive model of indicators relating to CE in order to meet the needs of all participants (individual companies and industry, society, and the nation), to be based on three perspectives: environmental impact, economic benefit, and resource scarcity. Therefore, the objective of this work is to define these indicators and establish models for measuring the efficiency of processes and products of CE (through Data Envelopment Analysis, (DEA)) in its different manifestations. The models will be useful for both organizations and external users in relation to CE in order to facilitate the search for indicators for all users. Following the bibliographic review of official reports and different high impact works, our results demonstrate the ability to obtain information concerning the main indicators of CE and how the efficiency of CE models has been measured through the most frequently used inputs and outputs.
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Keywords:
circular economy; indicators; efficiency; data envelopment analysis
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MDPI and ACS Style
Sánchez-Ortiz, J.; Rodríguez-Cornejo, V.; Del Río-Sánchez, R.; García-Valderrama, T. Indicators to Measure Efficiency in Circular Economies. Sustainability 2020, 12, 4483. https://doi.org/10.3390/su12114483
AMA Style
Sánchez-Ortiz J, Rodríguez-Cornejo V, Del Río-Sánchez R, García-Valderrama T. Indicators to Measure Efficiency in Circular Economies. Sustainability. 2020; 12(11):4483. https://doi.org/10.3390/su12114483
Chicago/Turabian StyleSánchez-Ortiz, Jaime, Vanesa Rodríguez-Cornejo, Rosario Del Río-Sánchez, and Teresa García-Valderrama. 2020. "Indicators to Measure Efficiency in Circular Economies" Sustainability 12, no. 11: 4483. https://doi.org/10.3390/su12114483
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