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Should the trade of hazardous waste be uniformly regulated? An empirical analysis of export demand for ‘waste and scrap’

Published online by Cambridge University Press:  14 June 2013

Daisuke Ichinose
Affiliation:
College of Economics, Department of Economic Policy Studies, Rikkyo University, Japan. E-mail: [email protected]
Keisaku Higashida
Affiliation:
School of Economics, Kwansei Gakuin University, Japan. E-mail: [email protected]
Takayoshi Shinkuma
Affiliation:
Faculty of Economics, Kansai University, 3-3-35 Yamate-cho, Suita, Osaka 564 8680, Japan. E-mail: [email protected]
Michikazu Kojima
Affiliation:
Institute of Developing Economies, Japan External Trade Organization, Japan. E-mail: [email protected]

Abstract

We examine the substitutability of waste and scrap exported from different countries by estimating the export demand functions of China. In particular, we focus on the export of other ferrous waste and scrap (HS code 720449) and other waste, parings and scrap of plastics (HS code 391590). It is shown that the substitutability of these wastes and scraps is weak among the exporting countries. Our empirical results imply that a uniform ban on trading hazardous waste, represented by the Basel Ban, could be an inefficient environmental policy.

Type
Research Article
Copyright
Copyright © Cambridge University Press 2013 

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