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ORIGINAL RESEARCH
The Effect of Waste Plastic on Environmental
Degradation: A Corporate Perspective
1
Deyang Agricultural College, Deyang, 618000, Sichuan, China
2
Guizhou Vocational Institute of Applied Technology, Fuquan, 550500, Guizhou, China
3
School of Economics and Management, Chongqing Jiaotong University, Chongqing, 400074, China
4
UE Business School, Division of Management and Administrative Sciences, University of Education, Lahore, Pakistan
5
Department of Economics, Faculty of Informatics and Management, University of Hradec Kralove,
Hradec Kralove, Czechia
Submission date: 2024-01-07
Final revision date: 2024-02-20
Acceptance date: 2024-03-12
Online publication date: 2024-06-26
Publication date: 2025-01-02
Corresponding author
Pol. J. Environ. Stud. 2025;34(1):203-211
KEYWORDS
TOPICS
ABSTRACT
We are living in an era where environmental challenges are at their peak, and one of the reasons
for such challenges is the use of plastic. Therefore, the key objective of the current study is to test
the effect of waste plastic on environmental degradation. This study is empirical in nature, and
we use data from the World Bank (World Development Indicators) to testify to the said nexus.
This study is conducted particularly in the context of eight (8) Asian countries across ten (10) years.
By using multivariate regression models, the statistical results testify that the use of waste plastic leads
to environmental degradation. These outcomes are further robustly checked by using multiple proxies
for both waste plastic usage and environmental degradation. These results indicate that the use of
waste plastics has harmful impacts that are becoming obvious and greatly contribute to environmental
deterioration. Moreover, the higher recycling rate helps minimize the consequences of waste plastic.
This study significantly contributes to environmental policies and the safety level, particularly with
respect to the use of waste plastic.
CONFLICT OF INTEREST
The authors declare that they have no known competing financial interests or personal relationships that could have appeared to influence the work reported in this paper.
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