This paper examines how environmentally friendly production and disposal of waste are promoted by interaction between producers and disposal firms out of a market boundary. Utilizing the dual nature of price and quantity systems, I show that the concept of natural price or production price can...

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...