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Resolving failures in recycling markets: the role of technological innovation

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  • Francesco Nicolli
  • Nick Johnstone
  • Patrik Söderholm

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  • Francesco Nicolli & Nick Johnstone & Patrik Söderholm, 2012. "Resolving failures in recycling markets: the role of technological innovation," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 14(3), pages 261-288, July.
  • Handle: RePEc:spr:envpol:v:14:y:2012:i:3:p:261-288
    DOI: 10.1007/s10018-012-0031-9
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    13. 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.
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    20. Bruno Van Pottelsberghe & Herman Denis & Dominique Guellec, 2001. "Using patent counts for cross-country comparisons of technology output," ULB Institutional Repository 2013/6227, ULB -- Universite Libre de Bruxelles.
    21. Edwards, Ron, 1979. "Price expectations and the supply of wastepaper," Journal of Environmental Economics and Management, Elsevier, vol. 6(4), pages 332-340, December.
    22. Franklin M. Fisher & Paul H. Cootner & Martin N. Baily, 1972. "An Econometric Model of the World Copper Industry," Bell Journal of Economics, The RAND Corporation, vol. 3(2), pages 568-609, Autumn.
    23. Gul, Faruk, 1991. "A Theory of Disappointment Aversion," Econometrica, Econometric Society, vol. 59(3), pages 667-686, May.
    24. Gollop, Frank M & Roberts, Mark J, 1983. "Environmental Regulations and Productivity Growth: The Case of Fossil-Fueled Electric Power Generation," Journal of Political Economy, University of Chicago Press, vol. 91(4), pages 654-674, August.
    25. Kinkley, Chu-Chu & Lahiri, Kajal, 1984. "Testing the rational expectations hypothesis in a secondary materials market," Journal of Environmental Economics and Management, Elsevier, vol. 11(3), pages 282-291, September.
    26. George A. Akerlof, 1970. "The Market for "Lemons": Quality Uncertainty and the Market Mechanism," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 84(3), pages 488-500.
    27. Eva Samakovlis, 2003. "The Relationship between Waste Paper and Other Inputs in the Swedish Paper Industry," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 25(2), pages 191-212, June.
    28. Slade, Margaret E., 1980. "An econometric model of the U.S. secondary copper industry: Recycling versus disposal," Journal of Environmental Economics and Management, Elsevier, vol. 7(2), pages 123-141, June.
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    Cited by:

    1. Kristoffer Palage & Robert Lundmark & Patrik Söderholm, 2019. "The innovation effects of renewable energy policies and their interaction: the case of solar photovoltaics," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 21(2), pages 217-254, April.
    2. Flavius Ioan Rovinaru & Mihaela Daciana Rovinaru & Adina Viorica Rus, 2019. "The Economic and Ecological Impacts of Dismantling End-of-Life Vehicles in Romania," Sustainability, MDPI, vol. 11(22), pages 1-18, November.
    3. Cainelli, Giulio & D’Amato, Alessio & Mazzanti, Massimiliano, 2015. "Adoption of waste-reducing technology in manufacturing: Regional factors and policy issues," Resource and Energy Economics, Elsevier, vol. 39(C), pages 53-67.
    4. Göran Finnveden & Tomas Ekvall & Yevgeniya Arushanyan & Mattias Bisaillon & Greger Henriksson & Ulrika Gunnarsson Östling & Maria Ljunggren Söderman & Jenny Sahlin & Åsa Stenmarck & Johan Sundberg & J, 2013. "Policy Instruments towards a Sustainable Waste Management," Sustainability, MDPI, vol. 5(3), pages 1-41, February.
    5. Nicolli, Francesco & Vona, Francesco, 2012. "The Evolution of Renewable Energy Policy in OECD Countries: Aggregate Indicators and Determinants," Climate Change and Sustainable Development 130897, Fondazione Eni Enrico Mattei (FEEM).
    6. Yunpeng Sun & Asif Razzaq, 2022. "Composite fiscal decentralisation and green innovation: Imperative strategy for institutional reforms and sustainable development in OECD countries," Sustainable Development, John Wiley & Sons, Ltd., vol. 30(5), pages 944-957, October.
    7. Barbieri, Nicolò, 2015. "Investigating the impacts of technological position and European environmental regulation on green automotive patent activity," Ecological Economics, Elsevier, vol. 117(C), pages 140-152.
    8. Kunle Ibukun Olatayo & Paul T. Mativenga & Annlizé L. Marnewick, 2023. "Plastic value chain and performance metric framework for optimal recycling," Journal of Industrial Ecology, Yale University, vol. 27(2), pages 601-623, April.
    9. Grafström, Jonas & Poudineh, Rahmat, 2023. "No evidence of counteracting policy effects on European solar power invention and diffusion," Energy Policy, Elsevier, vol. 172(C).
    10. Hirotaka Kumamaru & Kenji Takeuchi, 2023. "The recycled content of plastic products: estimating the impact of a recycling law on the input mix," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 25(3), pages 355-376, July.
    11. Ellen Sterk, 2023. "Incentives for Construction Clients in Germany to Choose Concrete with Recycled Aggregates," MAGKS Papers on Economics 202313, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
    12. Compagnoni, Marco & Grazzi, Marco & Pieri, Fabio & Tomasi, Chiara, 2023. "Extended producer responsibility and trade flows in waste: The case of batteries," FEEM Working Papers 338789, Fondazione Eni Enrico Mattei (FEEM).
    13. repec:spo:wpmain:info:hdl:2441/53r60a8s3kup1vc9k0sk04p9n is not listed on IDEAS
    14. Palage, Kristoffer & Lundmark, Robert & Söderholm, Patrik, 2019. "The impact of pilot and demonstration plants on innovation: The case of advanced biofuel patenting in the European Union," International Journal of Production Economics, Elsevier, vol. 210(C), pages 42-55.
    15. Grafström, Jonas & Lindman, Åsa, 2017. "Invention, innovation and diffusion in the European wind power sector," Technological Forecasting and Social Change, Elsevier, vol. 114(C), pages 179-191.
    16. Grafström, Jonas & Jaunky, Vishal, 2017. "Convergence of Incentive Capabilities within the European Union," Ratio Working Papers 301, The Ratio Institute.
    17. Xi Sun & Karsten Neuhoff, 2024. "Realizing the Value of Recycling – Assessing the Elements of a Policy Package," Discussion Papers of DIW Berlin 2069, DIW Berlin, German Institute for Economic Research.
    18. repec:hal:spmain:info:hdl:2441/53r60a8s3kup1vc9k0sk04p9n is not listed on IDEAS
    19. Grafström, Jonas & Poudineh, Rahmat, 2023. "Invention and Diffusion in the Solar Power Sector," Ratio Working Papers 364, The Ratio Institute.
    20. Grafström, Jonas & Poudineh, Rahmat, 2021. "A review of problems associated with learning curves for solar and wind power technologies," Ratio Working Papers 347, The Ratio Institute.
    21. Mansikkasalo, Anna & Lundmark, Robert & Söderholm, Patrik, 2014. "Market behavior and policy in the recycled paper industry: A critical survey of price elasticity research," Forest Policy and Economics, Elsevier, vol. 38(C), pages 17-29.
    22. Jonas Grafström, 2018. "Divergence of renewable energy invention efforts in Europe: an econometric analysis based on patent counts," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 20(4), pages 829-859, October.
    23. Patrik Söderholm & Tomas Ekvall, 2020. "Metal markets and recycling policies: impacts and challenges," Mineral Economics, Springer;Raw Materials Group (RMG);Luleå University of Technology, vol. 33(1), pages 257-272, July.

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    More about this item

    Keywords

    Solid waste; Recycling; Market failure; Technological innovation; Q53; Q55; Q58;
    All these keywords.

    JEL classification:

    • Q53 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Air Pollution; Water Pollution; Noise; Hazardous Waste; Solid Waste; Recycling
    • Q55 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Technological Innovation
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy

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