IDEAS home Printed from https://ideas.repec.org/a/eee/jrpoli/v74y2021ics0301420717304026.html
   My bibliography  Save this article

MFCA extension from a life cycle perspective: Methodical refinements and use case

Author

Listed:
  • Zeng, Huixiang
  • Zhou, Zhifang
  • Xiao, Xu

Abstract

Decision-making about sustainable development is closely related to Material Flow Cost Accounting (MFCA) and Life Cycle Analysis (LCA), and it still lacks a mature theoretical method system capable of analyzing the lifecycle extension of MFCA. For this reason, this paper takes the adaptation range of MFCA as its starting point and constructs a method system for analyzing lifecycle-extended MFCA. This system involves an MFCA-LCA integrated flow model and accounting method, and it introduces a case study to describe the accounting of environmental damage value, the cost accounting of MFCA and the implementation steps of a comprehensive assessment of MFCA-LCA. This paper extends and expands MFCA theory, and it also provides guidance to enterprises that implement MFCA.

Suggested Citation

  • Zeng, Huixiang & Zhou, Zhifang & Xiao, Xu, 2021. "MFCA extension from a life cycle perspective: Methodical refinements and use case," Resources Policy, Elsevier, vol. 74(C).
    • Handle: RePEc:eee:jrpoli:v:74:y:2021:i:c:s0301420717304026
    DOI: 10.1016/j.resourpol.2019.101507
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0301420717304026
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.resourpol.2019.101507?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Christ, Katherine L. & Burritt, Roger L., 2016. "ISO 14051: A new era for MFCA implementation and research," Revista de Contabilidad - Spanish Accounting Review, Elsevier, vol. 19(1), pages 1-9.
    2. Romano, Pietro & Formentini, Marco, 2012. "Designing and implementing open book accounting in buyer–supplier dyads: A framework for supplier selection and motivation," International Journal of Production Economics, Elsevier, vol. 137(1), pages 68-83.
    3. Toms, Steven & Fleischman, Richard K., 2015. "Accounting fundamentals and accounting change: Boulton & Watt and the Springfield Armory," Accounting, Organizations and Society, Elsevier, vol. 41(C), pages 1-20.
    4. Wang, Ran & Cheng, Jinhua & Zhu, Yali & Lu, Peixin, 2017. "Evaluation on the coupling coordination of resources and environment carrying capacity in Chinese mining economic zones," Resources Policy, Elsevier, vol. 53(C), pages 20-25.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Hesping, Frank Henrik & Schiele, Holger, 2016. "Matching tactical sourcing levers with the Kraljič matrix: Empirical evidence on purchasing portfolios," International Journal of Production Economics, Elsevier, vol. 177(C), pages 101-117.
    2. Yuliang Yang & Chaoqun Cui, 2022. "Which Provincial Regions in China Should Give Priority to the Redevelopment of Abandoned Coal Mines? A Redevelopment Potential Evaluation Based Analysis," Sustainability, MDPI, vol. 14(23), pages 1-22, November.
    3. Ling Cheng & Haiyang Cui & Tian Liang & Dan Huang & Yuanxia Su & Zhiyong Zhang & Chuanhao Wen, 2023. "Study on the Trade-Off Synergy Relationship of “Production-Living-Ecological” Functions in Chinese Counties: A Case Study of Chongqing Municipality," Land, MDPI, vol. 12(5), pages 1-27, May.
    4. Sun, Jingchao & Na, Hongming & Yan, Tianyi & Che, Zichang & Qiu, Ziyang & Yuan, Yuxing & Li, Yingnan & Du, Tao & Song, Yanli & Fang, Xin, 2022. "Cost-benefit assessment of manufacturing system using comprehensive value flow analysis," Applied Energy, Elsevier, vol. 310(C).
    5. Xiaowei Zeng & Xiaomei Yang & Shuai Zhong & Zhihua Wang & Yaxin Ding & Dan Meng & Ku Gao, 2023. "Comprehensive Evaluation of Resource and Environmental Carrying Capacity at a National Scale: A Case Study of Southeast Asia," Sustainability, MDPI, vol. 15(7), pages 1-32, March.
    6. Yi-Xuan Wang & Chien-Hung Kuo & Rui Song & Allen H. Hu & Shu-Shen Zhang, 2017. "Potentials for Improvement of Resource Efficiency in Printed Circuit Board Manufacturing: A Case Study Based on Material Flow Cost Accounting," Sustainability, MDPI, vol. 9(6), pages 1-16, May.
    7. Bortolotti, Thomas & Romano, Pietro & Martínez-Jurado, Pedro José & Moyano-Fuentes, José, 2016. "Towards a theory for lean implementation in supply networks," International Journal of Production Economics, Elsevier, vol. 175(C), pages 182-196.
    8. Wang, Jiankang & Han, Qian & Wu, Kexin & Xu, Zetao & Liu, Peng, 2022. "Spatial-temporal patterns and evolution characteristics of the coordinated development of industrial economy, natural resources and environment in China," Resources Policy, Elsevier, vol. 75(C).
    9. Romana Fernando Acabado, 2020. "Impact Assessment on the Economic and Financial Indicators of the Implementation of Lean Management Model," Journal of Intercultural Management, Sciendo, vol. 12(4), pages 49-69, December.
    10. Settanni, Ettore & Thenent, Nils Elias & Newnes, Linda B. & Parry, Glenn & Goh, Yee Mey, 2017. "Mapping a product-service-system delivering defence avionics availability," International Journal of Production Economics, Elsevier, vol. 186(C), pages 21-32.
    11. Meicun Li & Chunmei Mao, 2019. "Spatial-Temporal Variance of Coupling Relationship between Population Modernization and Eco-Environment in Beijing-Tianjin-Hebei," Sustainability, MDPI, vol. 11(4), pages 1-13, February.
    12. Xia Wang & Peiru Cai, 2022. "The relationship between tourism development and multidimensional poverty reduction: A decoupling analysis," Quality & Quantity: International Journal of Methodology, Springer, vol. 56(4), pages 2501-2518, August.
    13. Bortolotti, Thomas & Boscari, Stefania & Danese, Pamela, 2015. "Successful lean implementation: Organizational culture and soft lean practices," International Journal of Production Economics, Elsevier, vol. 160(C), pages 182-201.
    14. Aiyong Lin & Yujia Liu & Shuling Zhou & Yajie Zhang & Cui Wang & Heping Ding, 2023. "Data-Driven Analysis and Evaluation of Regional Resources and the Environmental Carrying Capacity," Sustainability, MDPI, vol. 15(10), pages 1-18, May.
    15. Menglu Chen & Juliang Jin & Shaowei Ning & Yuliang Zhou & Parmeshwar Udmale, 2020. "Early Warning Method for Regional Water Resources Carrying Capacity Based on the Logical Curve and Aggregate Warning Index," IJERPH, MDPI, vol. 17(7), pages 1-15, March.
    16. Xue, Fujing & Li, Xiaoyu & Zhang, Ting & Hu, Nan, 2021. "Stock market reactions to the COVID-19 pandemic: The moderating role of corporate big data strategies based on Word2Vec," Pacific-Basin Finance Journal, Elsevier, vol. 68(C).
    17. Subramanian, Nachiappan & Gunasekaran, Angappa & Abdulrahman, Muhammad D. & Qiao, Crystal, 2019. "Out-in, in-out buyer quality innovation pathways for new product outcome: Empirical evidence from the Chinese consumer goods industry," International Journal of Production Economics, Elsevier, vol. 207(C), pages 183-194.
    18. Bowen Chen & Changyan Wu & Xianjin Huang & Xuefeng Yang, 2020. "Examining the Relationship between Urban Land Expansion and Economic Linkage Using Coupling Analysis: A Case Study of the Yangtze River Economic Belt, China," Sustainability, MDPI, vol. 12(3), pages 1-21, February.
    19. Zhiqiang Zhang & Ling Li & Qiuyu Guo, 2022. "The Interactive Relationships between the Tourism-Transportation-Ecological Environment System of Provinces along the ‘Silk Road Economic Belt’ in China," Sustainability, MDPI, vol. 14(5), pages 1-33, March.
    20. Luxin Yang & Yucheng Liu & Huihui Deng, 2023. "Environmental governance, local government competition and industrial green transformation: Evidence from China's sustainable development practice," Sustainable Development, John Wiley & Sons, Ltd., vol. 31(2), pages 1054-1068, April.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:jrpoli:v:74:y:2021:i:c:s0301420717304026. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/inca/30467 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.