This paper analyses recycling of waste and downgrading of secondary resources using a classical type of production model represented by a Sraffian model. Residuals emitted as waste by households and secondary resources obtained by recycling of waste are negatively or positively priced, depending...

This paper analyses recycling of waste and downgrading of secondary resources using a classical type of production model represented by a Sraffian model. Residuals emitted as waste by households and secondary resources obtained by recycling of waste are negatively or positively priced, depending...

It is usually supposed that price control and quantity control are symmetrical in an environmental policy when there is no uncertainty. Thus, an emission charge is as effective as the trade of emission rights or entitlements as a tool for emission control. We show that the two instruments are...

This paper analyses recycling of waste and downgrading of secondary resources using a classical type of production model represented by a Sraffian model. Residuals emitted as waste by households and secondary resources obtained by recycling of waste are negatively or positively priced, depending...

This paper shows that results obtained in the Sraffian literature on joint production are relevant for input—output economists working in the tradition of Leontief. We concentrate upon the 'adjustment' property, i.e. the ability of a system to cope with any variation in final demand. We...