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No. 3 / 2026 — Autumn

Peer-reviewed articles in economics, finance, public policy, and sustainable development.

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Theoretical and Applied Economics
No. 1 / 2023 (634), Spring

The circular economics of constructions

Rareș-Mihai NIȚU
Bucharest University of Economic Studies, Romania

Abstract. Construction has been and represents one of the most targeted areas of activity in the economy, starting from the market value and reaching the economic policies that regulate them. This paper analyzes the evolution of the construction sector and brings into discussion a new concept, namely that of recycling constructions that are restructured, demolished or undergoing technical changes (Mahpour, 2018). This new principle was launched with the new approaches specific to the green and circular economies due to the need to reduce the gap between needs and resources (Liu et al., 2021). Moreover, the most important factor that determines the permanent development of the real estate and construction field is the growth of the population in the last 30 years at a global level, which has been an ascending one, but also the formation of developed economic centers such as the big capitals or the already developed areas. People have been prone to access the already existing infrastructure in the logistically and economically evolved areas, rather than focusing on the formation of new areas, which has led to the migration and centralization of the workforce in certain geographical areas (Hossain et al., 2020).

Keywords: construction, recycling, development, policies, regulation.

Contents

1

Obstacles to innovation and policy implications: exploring the case of Romanian firms

Mihaela DIACONU

2

Adjusting the 5C pentagon for better health policymaking: observing the leading behavioural risks factors (diet, smoking, and alcohol consumption)

Ioana Teodora BIŢOIU · Cristina Elena NICOLESCU

3

Incentivizing CEOs via pay and forced turnover: Do tenure and managerial ability matter?

Nadide BANU OLCAY GÜNER

4

Forecasting the Romanian inflation rate: An Autoregressive Integrated Moving-Average (ARIMA) approach

Rareș-Petru MIHALACHE · Dumitru Alexandru BODISLAV

5

The effects of geopolitical risks on tourism revenues of the Middle East and Asian countries

Ismet GOCER · Peter KOVACS

6

The potential of macroeconomic forces and ICT in affecting the sectorial growth: ARDL approach in the context of East Asian countries

Sadik Aden DIRIR

7

Validity of asset pricing models in Istanbul Stock Exchange (ISE) information technology index

Akin ARDA · Arif SALDANLI · Sümeyra UZUN

8

Dynamic relationship between external debt and unemployment in Sub-Saharan Africa

Samuel Erasmus ALNAA · Juabin MATEY

9

An analysis of factors influencing empowerment of rural women through Deendayal Antyodaya Yojana – National Rural Livelihood Mission (SGSY)

Ravi Kumar GUPTA · Udit MAHESHWARI · Debendra Nath DAS

10

The impact of Covid-19 payment moratoria on the Romanian banking system

Eugen-Marian VIERESCU

11

Uncertainty and monetary policy during the Covid-19 pandemic in Tunisia: Evidence from a Bayesian VAR

Dorra TURKI · Foued Badr GABSI

12

Research on the evolution of migration in Romania after the fall of the communist regime

Ioana Manuela MÎNDRICAN · Elena Florentina MATEI

13

Black Sea and East Mediterranean approach on sustainable development

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14

An economic analysis of trade war and deglobalization in current international relations within the paradigm of globalization

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15

Financial difficulties and economic recession: Evidence from Canadian seniors

Samir AMINE · Wilner PREDELUS

16

Inflation targeting and exchange rate pass-through in India: Lessons from international experience

Arshid Hussain PEER · Mirza Allim BAIG

17

The circular economics of constructions

Rareș-Mihai NIȚU

18

Market mood index and stock market. Evidence from National Stock Exchange

Neha SETH · Yogesh KUMAR

19

Analysis of the effects of social and fiscal policy on incomes during the COVID-19 pandemic in Romania

Eva MILITARU · Amalia CRISTESCU · Silvana BOBÂRNAT