The determinants of trade volume of recycle industries between countries
- 주제(키워드) The determinants of trade volume of recycle industries between countries
- 발행기관 아주대학교
- 지도교수 Jungho Kim
- 발행년도 2020
- 학위수여년월 2020. 2
- 학위명 석사
- 학과 국제대학원 국제통상학과
- 실제URI http://www.dcollection.net/handler/ajou/000000029478
- 본문언어 영어
- 저작권 아주대학교 논문은 저작권에 의해 보호받습니다.
초록/요약
Recycling is an important issue for sustainable development and the new entrepreneurs or investors would need knowledge regarding key factors of trade volume of recyclables to identify the specific opportunity and take decision efficiently. This paper analyzes how the trade volume of recycling industry is determined. To be specific, this study focuses on the relationship between trade volumes of recycles and labor cost. As recycling process is labor-intensive, recycling industry is likely to be located in less developed countries. That is, as the labor cost of importer relative to exporter increases, the trade volume of recycles will decrease, and vice versa. This hypothesis is tested based on a gravity model in trade theory. Using the UN Comtrade data on ten countries in the Pacific Ocean, the regression analysis finds that a larger difference in the relative wage between exporter and importer is associated with a larger trade volume for waste plastics. However, the relationship is not found for waste paper or automobile. The results imply that the labor cost is indeed an important factor for recycling industry compared to other manufacturing industry but that its significance varies across different kinds of recycled products.
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ABSTRACT i
ACRONYMS AND LISTS ii
TABLE OF CONTENTS iii
CHAPTER 1 1
1.1 Introduction 1
1.2 Historical Background of trade of Recyclables 3
1.3 Literature review and theoretical justification 4
1.4 Research Hypothesis 7
1.5 Comparison of required labor forces with recycled and general Manufacturing 9
CHAPTER 2 11
2.1 Purpose of the study 11
2.2 Research Question 12
2.3 Research Methodology 12
2.4 Data Collection 13
CHAPTER 3 13
3.1 Trade statistics of recyclables 13
3.1.1 An increase of recyclables Import in Asian Countries since 2005 to 2017 14
3.1.2 An increase of recyclables Trade in Asian Countries since 2005 to 2017 16
3.2 Gravity Model in analyzing to identify the major determinants of trade volume of recycles industries 17
3.2.1 Sample Size 17
3.2.2 Methodology 17
3.2.3 The data set 19
3.3 Simple Linear Regression Analysis 20
3.3.1 Ordinary Least Squares (OLS) of Plastic Industries 20
3.3.2 Ordinary Least Square (OLS) of Automobile Net export 22
3.3.3 Comparison of OLS of Recycle plastics and OLS of recycled paper 24
CHAPTER 4: Conclusion 25
REFERENCES 27
