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Author |
Buyle, M.; Audenaert, A.; Brusselaers, J.; Van Passel, S. |
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Title |
Rebound effects following technological advancement? The case of a global shock in ferrochrome supply |
Type |
A1 Journal article |
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Year |
2023 |
Publication |
Journal of Cleaner Production |
Abbreviated Journal |
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Volume |
391 |
Issue |
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Pages |
136264-11 |
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Keywords |
A1 Journal article; Economics; Engineering sciences. Technology; Engineering Management (ENM); Energy and Materials in Infrastructure and Buildings (EMIB) |
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Abstract |
Novel recycling technologies aim at increasing material efficiency by turning former waste products into valuable reclaimed resources. A key question is whether such technologies really reduce primary resource consumption or instead stimulate aggregated market demand. In this study the consequences of a positive shock in ferrochrome supply to the global stainless steel value chain is assessed quantitatively. This new source might be unlocked by technology under development for the recovery of chromium from carbon and stainless steel slags. The aim of this study is to quantitatively assess the income and substitution effects of reclaimed ferrochrome along a part of the stainless steel value chain. The impact of the supply shock is analysed by means of a vector autoregression (VAR), a dynamic model where lagged values of all included variables estimate current state of the system. Additionally, the VAR model is extended to a structural vector autoregression (SVAR) to account for contemporary effects as well. Both the VAR and SVAR model indicate that additional ferrochrome supply leads to an increase in aggregated supply of stainless steel, in combination with a substitution effect between ferrochrome and nickel. The extended SVAR model additionally highlights that contemporaneous effects do play an important role as well to capture the direct rebound effect in the ferrochrome market when working with quarterly data. In other words, an additional supply of reclaimed ferrochrome triggers a complex combination of interactions and consequences, yet it does not necessarily lead to a lower overall material consumption. The main contributions of this paper are the assessment of direct rebound effects of supplying reclaimed metals along the value chain and the demonstration that quantifying the effects of circular strategies is feasible. |
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Wos |
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Publication Date |
2023-01-30 |
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Series Issue |
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Edition |
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ISSN |
0959-6526 |
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Additional Links |
UA library record |
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Impact Factor |
11.1 |
Times cited |
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Open Access |
OpenAccess |
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Notes |
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Approved |
Most recent IF: 11.1; 2023 IF: 5.715 |
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Call Number |
UA @ admin @ c:irua:193569 |
Serial |
7365 |
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Author |
Borms, L.; Brusselaers, J.; Vrancken, K.C.M.; Deckmyn, S.; Marynissen, P. |
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Title |
Toward resilient organizations after COVID-19 : an analysis of circular and less circular companies |
Type |
A1 Journal article |
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Year |
2023 |
Publication |
Resources, conservation and recycling |
Abbreviated Journal |
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Volume |
188 |
Issue |
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Pages |
106681-15 |
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Keywords |
A1 Journal article; Economics; Sustainable Energy, Air and Water Technology (DuEL); Engineering Management (ENM) |
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Abstract |
The COVID-19 pandemic had large repercussions for our economy and organizations. Improved resilience can give organizations the ability to withstand crises and build back better and faster. This article assesses resilience of organizations and sole proprietorships in the context of the COVID-19 pandemic with eight circular strategies as explanatory variables. Furthermore, these eight circular strategies are also used to assess the organizations' and sole proprietorships' resilience outside of the COVID-19 pandemic. This analysis is conducted to explain how circular strategies can help companies and sole proprietorships maintain stability. The analysis was performed by means of a survey conducted between May and June 2020 in Flanders (Belgium), using a sample of 542 respondents. After performing a regression analysis combined with expert opinions collected through interviews, we find that companies and sole proprietorships with a higher circularity score have a significantly higher resilience score during crises and during normal times, compared to less circular companies. Furthermore, we find that the size of the company does not matter during a crisis to adapt and react flexibly, while it is important when there is no crisis. Finally, we argue that it is the combination of different circular strategies which yields to the highest results for the organizations' resilience and we provide policy recommendations based on the most asked support measures. |
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Wos |
000867675200008 |
Publication Date |
2022-09-21 |
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ISSN |
0921-3449 |
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Additional Links |
UA library record; WoS full record; WoS citing articles |
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Impact Factor |
13.2 |
Times cited |
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Open Access |
OpenAccess |
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Notes |
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Approved |
Most recent IF: 13.2; 2023 IF: 3.313 |
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Call Number |
UA @ admin @ c:irua:191513 |
Serial |
7344 |
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Author |
Wuyts, W.; Marin, J.; Brusselaers, J.; Vrancken, K. |
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Title |
Circular economy as a COVID-19 cure? |
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A1 Journal article |
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Year |
2020 |
Publication |
Resources Conservation And Recycling |
Abbreviated Journal |
Resour Conserv Recy |
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Volume |
162 |
Issue |
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Pages |
105016-2 |
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Keywords |
A1 Journal article; Sustainable Energy, Air and Water Technology (DuEL) |
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Wos |
000569614800012 |
Publication Date |
2020-06-17 |
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ISSN |
0921-3449 |
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Additional Links |
UA library record; WoS full record; WoS citing articles |
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Impact Factor |
13.2 |
Times cited |
3 |
Open Access |
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Notes |
; Part of this work was financially supported by the Research Foundation – Flanders (FWO), Belgium and the Ministry of Education, Culture, Sports, Science, and Technology (MEXT), Japan. We want to thank Lynne Stearman Falick and the editor for proofreading and providing comments on previous drafts. ; |
Approved |
Most recent IF: 13.2; 2020 IF: 3.313 |
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Call Number |
UA @ admin @ c:irua:171912 |
Serial |
6469 |
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Permanent link to this record |