Waste management and circular economy: Building a CGE framework

Heleen Bartelings

No 333086, Conference papers from Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project

Abstract: Reuse, recycling and use of bio waste may contribute to a more sustainable bio economy. To analyse the impact of reuse and recycling can have on the bio economy and the economy as a whole, municipal solid waste generation needs to be included in a CGE framework. In this paper we focussed on developing the methodology to include a waste management system in a CGE modelling framework and on building a database to run the new waste module within the global CGE model MAGNET. It includes introducing municipal solid waste generated by households and various options of dealing with waste by including new waste treatment sectors like landfills, waste to energy, recycling and composting sectors. Recycled materials like glass, paper, compost and biomass are generated and used as a substitute for virgin materials in the relevant sectors. In the developed system there is now a direct link between waste and bio-economic sectors in the model, thus making studies analysing circular economy feasible.

Keywords: Resource/Energy; Economics; and; Policy (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:ags:pugtwp:333086

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