We present a simple dynamic model to get some key insights about the substitution of renewable for nonrenewable resources in production and the consequences for sustainability. We highlight the role of the elasticity of substitution (technological component) to determine the adjustment of every...

En este trabajo se presenta un análisis de la gestión de residuos sólidos urbanos desde una perspectiva económica. Se profundiza en los fallos de mercado que produce la generación y la gestión de los residuos y se discuten los principales instrumentos de política que se pueden utilizar...

This article focuses on the technological aspect of recycling, its effect on the production set of the economy and the optimal use and substitution of natural resources in production. We provide a framework that enables us to compare the relevance of using renewable resources and recyclable...

We study the optimal capacity of landfills taking into account their sequential nature. Such an optimal capacity is characterized by the so-called Optimal Capacity Condition. Particular versions of this condition are obtained for two alternative settings: first, if all the landfills are to have...