Abstract:

During the period of China’s 13th Five-Year Plan, much attention has been paid to the development of recycled resources. The relationship between this industry and other industries will be increasingly related, and impact on the national economy will increase. However, there is relatively little research available on this topic. Here, based on input-output tables of 135 and 139 sectors in 2007 and 2012 we calculated a series of coefficients for the industrial correlation degree, spread effect and macroeconomic effect, and analyzed the correlation and macroeconomic effects of the recycled resources industry. We found that forward association of the recycled resources industry is greater than backward association, indicating the supporting role of the recycled resources industry to downstream industries (e.g. rolling of steel, manufacture of paper and paper products) is greater than to upstream industries (e.g. manufacture of plastic, rolling of non-ferrous metals). The sensitivity coefficient of the recycled resources industry is greater than its influence coefficient which shows that the stimulating effect from national economic development to the recycled resources industry is greater than the promoting effect from the recycled resources industry to national economic development. The investment effect of the recycled resources industry is strong, the employment and export effects are weak, and the consumption effect is zero. From 2007 to 2012, the industrial associations and macroeconomic effects of recycled resources industry have both improved. The future of the recycled resources industry has a good momentum of development and in addition to its significant environmental benefits, it has strong economic benefits.

Key words: recycled resources industry, input-output analysis, industrial association, macroeconomic effects