A Theory of Production with Waste and Recycling

Conrad, Klaus

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URL: https://ub-madoc.bib.uni-mannheim.de/1053
URN: urn:nbn:de:bsz:180-madoc-10531
Document Type: Working paper
Year of publication: 1997
The title of a journal, publication series: Discussion Papers / Institut für Volkswirtschaftslehre und Statistik
Volume: 550
Place of publication: Mannheim
Publication language: English
Institution: School of Law and Economics > Sonstige - Fakultät für Rechtswissenschaft und Volkswirtschaftslehre
MADOC publication series: Institut für Volkswirtschaftslehre und Statistik > Discussion Papers
Subject: 330 Economics
Subject headings (SWD): Abfall , Abfallbeseitigung , Umweltverträgliches Produkt , Umweltgefährdung
Abstract: The management of solid waste has become an urgent problem. Product responsibility means that a product will accompany its producer from cradle to grave; prevention, recycling and disposal of waste are part of a theory of the firm which we develop under solid residual management. We assume that the government stimulates firms to enhance recycling of resources by a fee on waste. A comparative statics analysis shows the impact of a fee on waste reduction, on the structure of the production process, on recycling, on input demand, material saving effort, number of firms, and on the amount of waste disposal.
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