Product Design and Efficient Management of Recycling and Waste Treatment

Abstract

Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. Siegen, Germany. Terms of use: Documents in EconStor may Proposed Running Head: Product Design and RecyclingWe are indebted to two a n o n ymous referees for helpful comments. y The corresponding author. Fax: +49-271-740 2732. E-mail: eichner@vwl.wiwi.unisiegen.de 1 ABSTRACT Using a general equilibrium model where material is rst extracted, then used for producing a consumption good, recycled and nally treated to reduce environmental damage, we study e ciency-restoring policies, when one or more of the constituent m a r k ets are inactive. The material is modeled as being embodied in the output and forms an important aspect of green product design. If all markets for embodied material per unit output fail and if recycling bene t exceeds environmental damage, the policy instruments needed for green design are a tax on the consumption good supply and a subsidy on the demand for material input.

Feasibility and optimality of sustainable growth under materials balance

“…The time discount rate is denoted by ρ, which is positive and constant. 11 11 The proofs for the propositions in this section, since long and routine, are thus omitted. These are available upon request.…”

Efficient Policies for Green Design in a Vintage Durable Good Model

“…Formally, this can be seen from the market condition (21) which implies P x a ¼ 0 for all t 2 ½0; 1½ if p g ¼ s g ¼ p r ¼ s r ¼ 0 for all t 2 ½0; 1½. The case of missing markets for recyclability has been of particular interest in the literature (e.g., Callcott and Walls 2000;Eichner and Pethig 2001).…”

A Model of Eco-Efficiency and Recycling

“…In this way, waste is completely absorbed and unlimited growth is possible, even after exhaustion of landfills. Eichner and Pethig (2001) present a labour-only model based on mass conservation with recycling activities and waste treatment before disposal. They investigate waste markets and market failures in the waste sector.…”