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This research aims to evaluate the doughnut model of degrowth by analyzing the relationship between capitalism and social and ecological imbalances.

The hole in the doughnut: Formalizing and testing a key model of degrowth

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This research aims to evaluate the doughnut model of degrowth by analyzing the relationship between capitalism and social and ecological imbalances.
Formalizes the doughnut model using social and environmental indices.
Measures imbalances through the coefficient of variation.
Tests the association between capitalism (economic freedom) and imbalances across various datasets and specifications.
Finds little support for the doughnut model's predictions.
Observes that the relationship often runs contrary to expectations, suggesting capitalism may have a different impact on imbalances.

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Formal analysis of the doughnut model reveals limited support for its predictions about capitalism's impact on imbalances.

Acharya et al. (2026) studied this question.

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