can, by undertaking an irreversible investment, adopt a flexible program which integrates the existing landfill strategy … with recycling, keeping the option to switch back to landfilling, if profitable. We determine the optimal share of waste to … program rather than a non-flexible one, the municipality: i) invests in recycling capacity under circumstances where it would …

Recycling activities remain at a nascent stage in the country. While the environmental benefits of recycling are well …

secondary materials. Using this analytical framework we explain the effects of waste recycling on the growth rate of the economy … of Hotelling's rule and the effects of waste recycling on labor productivity are the conclusive topics of our research. …