Waste management and circular economy in a CGE framework

Heleen Bartelings, Monika Verma, Kirsten Boysen-Urban and Monika Verma

No 333314, Conference papers from Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project

Abstract: By 2050 the world is expected to generate about 3.4 billion tons of waste. A large part of this waste stream could be reused or recycled, however without an active effort to do so, most of this waste will end up dumped or in landfills or incinerators. The reuse, recycling and use of waste to substitute for virgin chemicals, energy and animal feed materials can contribute to more sustainable, efficient and integrated bio-based economy. In this paper we focus on developing the methodology to include a waste management system in a CGE modelling framework and on building a database to operationalize 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. We distinguished 5 types of waste materials: food, garden, glass, paper and other waste. Depending on the waste material, waste will be treated. Recycled glass and 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 possible the feasibility studies for analysing circular economy.

Keywords: Environmental Economics and Policy; Resource/Energy Economics and Policy (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://ageconsearch.umn.edu/record/333314/files/10444.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:pugtwp:333314

Access Statistics for this paper

More papers in Conference papers from Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().