Macroeconomic models for assessing the transition towards a circular economy: A systematic review

IF 6.6 2区 经济学 Q1 ECOLOGY
José Bruno R.T. Fevereiro , Andrea Genovese , Ben Purvis , Oriol Vallès Codina , Marco Veronese Passarella
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Abstract

The Circular Economy (CE) paradigm has gained traction in both academic discourse and industrial practice. While a transition towards a CE is generally associated with more sustainable futures, less is known about its socio-economic feasibility. This article provides a systematic literature review of contributions to macroeconomic modelling which evaluate environmental and socio-economic impacts of CE interventions (classified in terms of closing supply chains, resource efficiency, residual waste management, and product lifetime extension). Differences in modelling approaches (Leontief input-output, macroeconometric input-output, and computable general equilibrium), and underlying assumptions relating to changes in final demand and technology, are found to be significant drivers of differences in the modelled outcomes of CE interventions. Through this review, various research gaps are identified, including addressing the challenges to sectoral and regional disaggregation (allowing for the modelling of international trade-offs), broader consideration of societal issues beyond GDP and employment (such as environmental, gender or transnational justice), and consideration of broader modelling dynamics (such as rebound effects, the interplay between demand and distribution, and real-financial interactions).
评估向循环经济过渡的宏观经济模型:系统回顾
循环经济(CE)范式在学术话语和工业实践中都获得了牵引力。虽然向可持续发展过渡通常与更可持续的未来有关,但人们对其社会经济可行性知之甚少。本文对宏观经济模型的贡献进行了系统的文献综述,这些模型评估了环保干预措施的环境和社会经济影响(按关闭供应链、资源效率、剩余废物管理和产品寿命延长进行分类)。建模方法(Leontief投入产出、宏观计量投入产出和可计算一般均衡)的差异,以及与最终需求和技术变化相关的潜在假设,被发现是影响环境干预建模结果差异的重要驱动因素。通过这一审查,确定了各种研究差距,包括解决部门和区域分解的挑战(允许对国际权衡进行建模),更广泛地考虑GDP和就业以外的社会问题(如环境、性别或跨国司法),并考虑更广泛的建模动态(如反弹效应、需求与分配之间的相互作用以及实际金融相互作用)。
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来源期刊
Ecological Economics
Ecological Economics 环境科学-环境科学
CiteScore
12.00
自引率
5.70%
发文量
313
审稿时长
6 months
期刊介绍: Ecological Economics is concerned with extending and integrating the understanding of the interfaces and interplay between "nature''s household" (ecosystems) and "humanity''s household" (the economy). Ecological economics is an interdisciplinary field defined by a set of concrete problems or challenges related to governing economic activity in a way that promotes human well-being, sustainability, and justice. The journal thus emphasizes critical work that draws on and integrates elements of ecological science, economics, and the analysis of values, behaviors, cultural practices, institutional structures, and societal dynamics. The journal is transdisciplinary in spirit and methodologically open, drawing on the insights offered by a variety of intellectual traditions, and appealing to a diverse readership. Specific research areas covered include: valuation of natural resources, sustainable agriculture and development, ecologically integrated technology, integrated ecologic-economic modelling at scales from local to regional to global, implications of thermodynamics for economics and ecology, renewable resource management and conservation, critical assessments of the basic assumptions underlying current economic and ecological paradigms and the implications of alternative assumptions, economic and ecological consequences of genetically engineered organisms, and gene pool inventory and management, alternative principles for valuing natural wealth, integrating natural resources and environmental services into national income and wealth accounts, methods of implementing efficient environmental policies, case studies of economic-ecologic conflict or harmony, etc. New issues in this area are rapidly emerging and will find a ready forum in Ecological Economics.
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