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The circular economy
Fullerton, Don - 2024
Research about the circular economy is dominated by engineers, architects, and social scientists in fields other than economics. The concepts they study can be useful in economic models of policies – to reduce virgin materials extraction, to encourage green design, and to make better use of...
Persistent link: https://www.econbiz.de/10014529224
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Global sourcing and domestic production networks
Furusawa, Taiji; Inui, Tomohiko; Itō, Keiko; Tang, Heiwai - 2017
This paper studies how firms' offshoring decisions shape a country's domestic production networks. We develop a model in which heterogeneous firms source inputs from multiple industries located in different domestic regions and foreign countries. Input sourcing entails communication with...
Persistent link: https://www.econbiz.de/10011721740
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A simple model of buyer-seller networks in international trade
Herkenhoff, Philipp; Krautheim, Sebastian; Sauré, Philip - 2021
The recent literature on firm-to-firm trade has documented salient empirical regularities of the buyer-seller network. We propose a simplistic re-interpretation of the classical Krugman (1980) model that accounts for surprisingly many of the empirical regularities. This re-interpretation relies...
Persistent link: https://www.econbiz.de/10012534686
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Sparse production networks
Bernard, Andrew B.; Zi, Yuan - 2022
Firm-to-firm connections in domestic and international production networks play a fundamental role in economic outcomes. Firm heterogeneity and the sparse nature of firm-to-firm connections implicitly discipline network structure. We find that a large group of well-established statistical...
Persistent link: https://www.econbiz.de/10013380905
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Greasing the wheels of international commerce : how services facilitate firms' international sourcing
Debaere, Peter; Görg, Holger; Raff, Horst - 2010
We use unique plant-level data to study the link between the local availability of services and the decision of manufacturing firms to source materials from abroad. To guide our empirical analysis we develop a monopolistic-competition model of the materials sourcing decisions of heterogeneous...
Persistent link: https://www.econbiz.de/10003937283
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Supplier search and re-matching in global sourcing : theory and evidence from China
Defever, Fabrice; Fischer, Christian; Südekum, Jens - 2017
In this paper, we consider a dynamic search-and-matching problem of a firm with its intermediate input supplier. In our model, a headquarter currently matched with a supplier, has an interest to find and collaborate with a more efficient partner. However, supplier switching through search and...
Persistent link: https://www.econbiz.de/10011754216
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Role of production networks in sustaining and rebalancing Asia's growth
Thorbecke, Willem; Bhattacharyay, Biswanath - 2012
In last few decades, Asian production networks have contributed significantly toward the rapid trade expansion and economic growth in East Asia. Developed Asia produces technology-intensive intermediate goods and capital goods and ships them to the People Republic of China (PRC) and ASEAN for...
Persistent link: https://www.econbiz.de/10009571750
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Corrective taxation for curbing pollution and promoting green product design and recycling
Eichner, Thomas; Pethig, Rüdiger - 2000
In this paper we consider a competitive economy with flows of materials from extraction via recycling to landfilling … stimulates recycling as expected. But it also increases primary material extraction and - possibly - the total waste flow, and it … reduces the recycling ratio. …
Persistent link: https://www.econbiz.de/10009781631
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Resource dependence, recycling, and trade
Egger, Peter; Keuschnigg, Christian - 2023
Recycling waste from used goods can substitute for scarce raw materials and reduce resource dependence. This paper … presents a model of waste collection, recycling and final goods production using raw and recycled materials. Non-recycled waste … recycling firms to compensate for the savings in disposal costs. We study trade between resource poor economies exporting final …
Persistent link: https://www.econbiz.de/10014312550
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The economics of recycling heterogeneity
Fullerton, Don; Kinnaman, Thomas C. - 2024
This paper summarizes the economics perspective on recycling of municipal solid waste. The first section reviews recent … data on recycling rates in the United States and across all OECD countries. The OECD data suggest the average aggregate … recycling rate across member countries appears to have plateaued over the past several decades. Data from the United States on …
Persistent link: https://www.econbiz.de/10015061148