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Policy scenarios for a transition to a more resource efficient and circular economy

Author

Listed:
  • Ruben Bibas

    (OECD)

  • Jean Chateau

    (OECD)

  • Elisa Lanzi

    (OECD)

Abstract

Global materials use is expected to grow in the coming decades in the absence of new policies, bearing substantial negative impacts for the environment. This report analyses the mechanisms through which resource efficiency and circular economy policies can achieve a decoupling between economic growth and material use. Using the OECD’s ENV-Linkages model, the report examines the economic and environmental impacts of a global material fiscal reform, which implements taxes on primary metal and mineral resources, and uses the revenue of these taxes to finance subsidies to recycled goods and to secondary metal production.

Suggested Citation

  • Ruben Bibas & Jean Chateau & Elisa Lanzi, 2021. "Policy scenarios for a transition to a more resource efficient and circular economy," OECD Environment Working Papers 169, OECD Publishing.
    • Handle: RePEc:oec:envaaa:169-en
    DOI: 10.1787/c1f3c8d0-en
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    Cited by:

    1. Chepeliev, Maksym & Aguiar, Angel & Farole, Thomas & Liverani, Andrea & van der Mensbrugghe, Dominique, 2022. "EU Green Deal and Circular Economy Transition: Impacts and Interactions," Conference papers 333431, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    2. Di Domenico, Lorenzo & Raberto, Marco & Safarzynska, Karolina, 2023. "Resource scarcity, circular economy and the energy rebound: A macro-evolutionary input-output model," Energy Economics, Elsevier, vol. 128(C).
    3. Ramanauske, Neringa & Balezentis, Tomas & Streimikiene, Dalia, 2023. "Biomass use and its implications for bioeconomy development: A resource efficiency perspective for the European countries," Technological Forecasting and Social Change, Elsevier, vol. 193(C).
    4. Miguel Angel Pérez-Benedito, 2021. "Accounting Analysis on Eurasian Countries by Applying the Edgeworth’s Box," Eurasian Journal of Economics and Finance, Eurasian Publications, vol. 9(4), pages 205-216.
    5. Edmundas Kazimieras Zavadskas & Jurgita Antucheviciene & M. Reza Hosseini & Igor Martek, 2021. "Sustainable Construction Engineering and Management," Sustainability, MDPI, vol. 13(23), pages 1-8, November.
    6. Pamučar, Dragan & Durán-Romero, Gemma & Yazdani, Morteza & López, Ana M., 2023. "A decision analysis model for smart mobility system development under circular economy approach," Socio-Economic Planning Sciences, Elsevier, vol. 86(C).

    More about this item

    Keywords

    circular economy; general equilibrium model; resource efficiency; trade and environment;
    All these keywords.

    JEL classification:

    • C68 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computable General Equilibrium Models
    • F18 - International Economics - - Trade - - - Trade and Environment
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • O44 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Environment and Growth
    • Q53 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Air Pollution; Water Pollution; Noise; Hazardous Waste; Solid Waste; Recycling

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