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Transaction Costs In Collective Waste Recovery Systems In The Eu

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  • Shteryo Nozharov

    (UNWE)

Abstract

The study aims to identify the institutional flaws of the current EU waste management model by analysing the economic model of ‘extended producer responsibility’ and collective waste management systems and to create a model for measuring the transaction costs borne by waste recovery organizations. The model was approbated by analysing the Bulgarian collective waste management systems that have been complying with the EU legislation for the last 10 years. The analysis focuses on waste oils because of their economic importance and the limited number of studies and analyses in this field as the predominant body of research to date has mainly addressed packaging waste, mixed household waste or discarded electrical and electronic equipment. The study aims to support the process of establishing a ‘circular economy’ in the EU, which was initiated in 2015.

Suggested Citation

  • Shteryo Nozharov, 2018. "Transaction Costs In Collective Waste Recovery Systems In The Eu," Economic Archive, D. A. Tsenov Academy of Economics, Svishtov, Bulgaria, issue 1 Year 20, pages 18-30.
    • Handle: RePEc:dat:earchi:y:2018:i:1:p:18-30
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    File URL: http://hdl.handle.net/10610/3874
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    References listed on IDEAS

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    1. Ino, Hiroaki, 2011. "Optimal environmental policy for waste disposal and recycling when firms are not compliant," Journal of Environmental Economics and Management, Elsevier, vol. 62(2), pages 290-308, September.
    2. Coggan, Anthea & Whitten, Stuart M. & Bennett, Jeff, 2010. "Influences of transaction costs in environmental policy," Ecological Economics, Elsevier, vol. 69(9), pages 1777-1784, July.
    3. Calcott, Paul & Walls, Margaret, 2005. "Waste, recycling, and "Design for Environment": Roles for markets and policy instruments," Resource and Energy Economics, Elsevier, vol. 27(4), pages 287-305, November.
    4. Plamen D. Tchipev, 2009. "Where is the Bulgarian Corporate Governance Model Heading to?," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 1, pages 58-65.
    5. Shinkuma, Takayoshi, 2007. "Reconsideration of an advance disposal fee policy for end-of-life durable goods," Journal of Environmental Economics and Management, Elsevier, vol. 53(1), pages 110-121, January.
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    Cited by:

    1. Shteryo Nozharov, 2018. "The Institutional Economics of Collective Waste Recovery Systems: an Empirical Investigation," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 5, pages 172-180.

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    More about this item

    Keywords

    circular economy; transaction costs; institutional flaws; extended producer responsibility; collective waste management systems;
    All these keywords.

    JEL classification:

    • L14 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Transactional Relationships; Contracts and Reputation
    • Q53 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Air Pollution; Water Pollution; Noise; Hazardous Waste; Solid Waste; Recycling

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