Proceedings of the 2022 2nd International Conference on Economic Development and Business Culture (ICEDBC 2022)

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Feasibility Study of the Food-sharing Model in the Context of Sustainable Economic Development

Authors
Jinrui Song1, Linxin Ye2, Siyuan Zhou3, *
1Department of Oxford Brookes, Chengdu University of Technology, Chengdu, 610000, China
2Department of Finance and Economics, Jiangsu University, Nanjing, 212013, China
3Department of Leicester International Institute, Dalian University of Technology, Dalian, 116081, China
*Corresponding author. Email: zsy200143@mail.dlut.edu.cn
Corresponding Author
Siyuan Zhou
Available Online 31 December 2022.
DOI
10.2991/978-94-6463-036-7_90How to use a DOI?
Keywords
Solow model; economic growth; food waste; food sharing
Abstract

The amount of both food supply and food waste can always reflect the economic level of nations, but few types of research done by scholars focused on the relationship between food and economic growth. Many economic growth models are related to the relationship between economic policies, climate changes, labour and economic growth, actually many factors such as food waste and food supply have potential relevance to economic growth. To explore and verify this viewpoint logically, this paper constructs a new Solow model based on the traditional Solow model and the Cobb-Douglas production function. The data of France (a developed country) are selected to analyse the correlation between the amount of food waste and economic growth. The least-square method OLS was used to fit the model function. The result indicates that there exists a positive relationship between the amount of food waste in France and gross domestic product in France. Based on this result, we propose two business models according to food sharing one starts with food wasted by hotel catering businesses, the other is person-to-person food-sharing trading. This business model will not only reduce the problem of food waste but also contribute to the development of economic sustainability.

Copyright
© 2022 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2022 2nd International Conference on Economic Development and Business Culture (ICEDBC 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
31 December 2022
ISBN
10.2991/978-94-6463-036-7_90
ISSN
2352-5428
DOI
10.2991/978-94-6463-036-7_90How to use a DOI?
Copyright
© 2022 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Jinrui Song
AU  - Linxin Ye
AU  - Siyuan Zhou
PY  - 2022
DA  - 2022/12/31
TI  - Feasibility Study of the Food-sharing Model in the Context of Sustainable Economic Development
BT  - Proceedings of the 2022 2nd International Conference on Economic Development and Business Culture (ICEDBC 2022)
PB  - Atlantis Press
SP  - 608
EP  - 614
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-036-7_90
DO  - 10.2991/978-94-6463-036-7_90
ID  - Song2022
ER  -