New Model for Quantifying the Impact of the Social Economy on Water Resources’ Sustainability

Abstract

The importance of sustainable use of water sources in the context of social economy development is a topic of real interest in the context of current regional and global challenges. The main objective of this study is to analyse the disparity of correlations between sector-specific social economy indicators and their impact on water sources at EU27 level. The used methods are meta-analysis, followed by the substantiation of working hypotheses based on this, database design for modelling, use of correlational and econometric statistical methods. The novelty of this approach is the definition and validation of a new model, on the basis of which we formulate viable public policy proposals to support the evolution of the green social economy. The present study is characterised by its complexity (very large number of statistical variables analysed) and dynamic approach. The main conclusion of the research is that even with sustained efforts on environmental protection, the European social economy's even oscillating results tend to cover environmental objectives even at the risk of exceeding budget allocations in the field.