Proceedings of the 2023 International Conference on Management Innovation and Economy Development (MIED 2023)

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Analyzing influential indicators in sustainable development of Guangdong Province: The role of circular economy

Authors
Ali Hashemizadeh1, Faezeh Zareian Baghdad Abadi2, 3, *
1College of Management, Shenzhen University, Shenzhen, Guangdong, 518060, PR China
2China Center for Special Economic Zone Research, Shenzhen University, Guangdong, 518060, Shenzhen, PR China
3College of Economics, Shenzhen University, Shenzhen, Guangdong, 518060, PR China
*Corresponding author. Email: zareian@emails.szu.edu.cn
Corresponding Author
Faezeh Zareian Baghdad Abadi
Available Online 28 September 2023.
DOI
10.2991/978-94-6463-260-6_39How to use a DOI?
Keywords
Circular economy; Economic planning; Sustainable development; Guangdong province; Machine learning
Abstract

The rising difficulty of economic planning due to of different impacted aspects and aims needs a thorough examination of important economic development criteria. While few variables in economic investigations lead to unrealistic conclusions, five indicators are used in this study to represent the circular economy, social, environmental, and energy consumption aspects of sustainable development (Total Energy Consumption, Birth Rate, Wastewater Treatment Rate, Number of Repairs Enterprises, and Number of Existing Environment and Public Facilities Management Enterprises). To evaluate the influence of the specified variables on the sustainable development of the study area, a current machine-learning method called XGBoost was designed. According to Guangdong Province, China panel data from 2010 to 2019, the circular economy is the top priority in sustainable development. The circular economy method of mending and reusing materials has a significant influence on sustainable development. Based on these findings, several policy proposals for proper economic growth in Guangdong Province while taking social and environmental concerns into account are made.

Copyright
© 2024 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 2023 International Conference on Management Innovation and Economy Development (MIED 2023)
Series
Advances in Economics, Business and Management Research
Publication Date
28 September 2023
ISBN
10.2991/978-94-6463-260-6_39
ISSN
2352-5428
DOI
10.2991/978-94-6463-260-6_39How to use a DOI?
Copyright
© 2024 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  - Ali Hashemizadeh
AU  - Faezeh Zareian Baghdad Abadi
PY  - 2023
DA  - 2023/09/28
TI  - Analyzing influential indicators in sustainable development of Guangdong Province: The role of circular economy
BT  - Proceedings of the 2023 International Conference on Management Innovation and Economy Development (MIED 2023)
PB  - Atlantis Press
SP  - 299
EP  - 304
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-260-6_39
DO  - 10.2991/978-94-6463-260-6_39
ID  - Hashemizadeh2023
ER  -