The Impact of China’s Prohibition of Importing Solid Waste on the World Economy Based on Autoregressive Model

The Impact of China’s Prohibition of Importing Solid Waste on the World Economy Based on Autoregressive Model

Yishuai Tian¹*, Qian Cao², Siguang Zheng³, Boying Lv¹

¹College of Hydraulic & Environmental Engineering, China Three Gorges University, Yichang 443002, China. ²College of Foreign Languages, China Three Gorges University, Yichang, 443002, China. ³College of Electrical Engineering & New Energy, China Three Gorges University, Yichang, 443002, China.

To explore the impact of China’s ban on the import of solid waste on the world economy and the environment. In this paper, a VR autoregressive model based on time series was established. India, Malaysia, the United States, and Japan were selected as countries affected by China’s ban on waste imports to replace the impact on the world. The GDP and CO2 emissions of various countries are used as indicators to measure the economy and the environment. By predicting the data that China has not implemented the ban on the collection of imported waste and comparing it with the data after the actual implementation, it was found that: after the promulgation of the policy, the environmental quality of the major importing countries declined and the economy increased. The economic impact of the significant solid waste exporting countries is not apparent, and environmental pollution increases slightly.

Keywords: Time series; Solid waste; GDP; CO2;

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How to cite this article:
Yishuai Tian, Qian Cao, Siguang Zheng, Boying Lv. The Impact of China’s Prohibition of Importing Solid Waste on the World Economy Based on Autoregressive Model. International Journal of Economics, Sociology and Education, 2020; 1:5. DOI: 10.28933/ijese-2020-05-1305

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