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- W2549871222 abstract "We estimate the impact of metal scrap recovery on import of metallic raw materials at the country level using a new instrumental variables strategy. We instrument for country metal recovery production with exogenous country characteristics. We employ a panel of 22 developed and developing countries over 1994-2008. To transform economic aggregates from nominal to real value, we develop the appropriate price indices. This allows us to document the actual evolution of the metal recovery industries for 22 countries and to perform a consistent econometric analysis. We find that increasing metal recovery by 10% reduces import of metallic raw material by 2%. This result implies that waste policies that favor waste recycling have not only an impact on pollution emissions but also on trade deficit." @default.
- W2549871222 created "2016-11-30" @default.
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- W2549871222 date "2014-01-01" @default.
- W2549871222 modified "2023-09-27" @default.
- W2549871222 title "Importing foreign metallic raw materials or recovering scrap metal at home" @default.
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