목차
1. Introduction 2
2. Stylized Facts 5
2.1. A Major Trade in Recyclable Waste 5
2.2. Countries Exhibiting Material Imbalances 6
2.3. The Waste Market Interacting with Domestic Recycling Policies 8
3. The Theoretical Model 10
3.1. Autarky in Resources 10
3.2. International Trade of Secondary Materials 14
3.3. Partial Equilibrium 19
3.4. Recycling Policies in the Exporting Country 23
4. Empirical Test of the Theory 28
5. Conclusion 33
References 35
A. Appendix 44
A.1. Trade and Waste Literature 44
A.2. European Waste Policies 47
A.3. Waste Trade Data 49
A.4. Notations Used in the Theoretical Model 51
A.5. Different Trade Equilibria and Justification of Hypotheses 52
A.6. Recycling Decisions 55
A.7. Waste Market 58
A.8. Unicity of Market 60
A.9. Recycling Policies in a Partial Equilibrium 66
A.10. Suggestive Evidence for Substitution of Domestic Plastic Waste Recycling with Plastic Waste Imports 73
A.11. Empirical Estimates 75
