Advances in Management and Applied Economics

Research on the Influence Mechanism of China's Waste Household Appliance Price Index

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• Abstract

   

  To accurately reveal the fluctuation logic and driving patterns of the waste household appliance price index and promote the standardized development of the recycling market, this paper adopts a full industrial chain perspective of waste household appliance recycling. It integrates transaction data from 64 formal recycling enterprises across 25 provincial-level regions in China and multi-dimensional public data, and systematically analyzes the influencing mechanism of the price index using the DEMATEL-ISM model and the VAR model. The results show that the influencing factors of the waste household appliance price index present a three-level hierarchical structure: the direct surface factors are the actual supply, actual demand of waste household appliances and the value of recycled materials; the intermediate transmission factors include 8 variables such as historical household appliance sales and willingness to participate in recycling; the deep-rooted fundamental factors cover 7 variables including industrial policy intensity and macroeconomic environment. 64.23% of the price index fluctuation comes from its own inertia, the contribution of household disposable income to the fluctuation reaches 17.97%, raw material prices exert a significant long-term driving effect, policy subsidies have a strong short-term impact but decay rapidly, and the negative impact of recycling volume on prices peaks in the second period and then gradually weakens. The findings provide a scientific basis for formulating precise regulatory strategies and optimizing resource allocation in the waste household appliance recycling market.

   

  JEL classification numbers: Q40, Q58, R11, O13, P12.

  Keywords: Waste household appliances, Price index, Influence mechanism, DEMATEL-ISM model, VAR model.