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The author introduces an environmental restriction into the traditional two-sector growth model with two classes and analyzes how distributional variables, per capita consumption, and the growth rate are affected in the long-run if an economy is competitive. As an environmental restriction, the...
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The wage-profit frontier is commonly used when the choice of technique is discussed. Though quite a few economists have explained why a point on the frontier is being chosen, the author has not found their explanations persuasive. He shows that the choice of technique, in terms of the...
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This study investigates the effects of food waste (FW) reduction goal setting on waste generation. Using a unique dataset on the status of policy response with goals for household food waste reduction across Japanese municipalities, we estimate the causal effect of setting FW reduction goals in...
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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...
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