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In this paper we consider a competitive economy with flows of materials from extraction via recycling to landfilling … stimulates recycling as expected. But it also increases primary material extraction and - possibly - the total waste flow, and it … reduces the recycling ratio. …
Persistent link: https://www.econbiz.de/10009781631
presents a model of waste collection, recycling and final goods production using raw and recycled materials. Non-recycled waste …Recycling waste from used goods can substitute for scarce raw materials and reduce resource dependence. This paper … recycling firms to compensate for the savings in disposal costs. We study trade between resource poor economies exporting final …
Persistent link: https://www.econbiz.de/10014312550
This paper summarizes the economics perspective on recycling of municipal solid waste. The first section reviews recent … data on recycling rates in the United States and across all OECD countries. The OECD data suggest the average aggregate … recycling rate across member countries appears to have plateaued over the past several decades. Data from the United States on …
Persistent link: https://www.econbiz.de/10015061148
, production, and disposal. Our economic analysis finds conditions where consumers choose lives that are too short - a "durability …
Persistent link: https://www.econbiz.de/10012597021
We develop a framework for the representation of material flows in competitive equilibrium. Material balances track material flows, which adjust endogenously to economic transactions. We assume negative environmental effects of resource extraction and waste deposition and show that taxing...
Persistent link: https://www.econbiz.de/10014528210
Persistent link: https://www.econbiz.de/10003662094
With fixed costs of price and quantity adjustment, output effects of inflation depend on the elasticity of the firm's marginal real revenue. If the elasticity always exceeds minus unity, then output decreases with inflation, while if the elasticity is always less than minus unity, then output...
Persistent link: https://www.econbiz.de/10003121028
Environmental managers face substantial uncertainty when deciding on management actions. To reduce this uncertainty prior to decision-making, collecting new data may help arrive at more informed decisions. Whether any resulting improvement in the decision will outweigh the cost of collecting the...
Persistent link: https://www.econbiz.de/10014228294
Persistent link: https://www.econbiz.de/10003395362
stricter environmental policy does not always lead to ever cleaner production methods and ever lower production of polluting …
Persistent link: https://www.econbiz.de/10010361382