IDEAS home Printed from https://ideas.repec.org/a/taf/tprsxx/v60y2022i16p4868-4889.html
   My bibliography  Save this article

Economic and environmental implications of the interfirm waste utilisation

Author

Listed:
  • Weiyue Zhang
  • ChenGuang Liu
  • Lin Li

Abstract

Considering the mismatch in the supply of and demand for the industrial process wastes, we investigate when the interfirm waste utilisation can be both economically and environmentally superior to the no waste utilisation. The Nash bargaining approach is employed to resolve the incentive misalignment problem. Our analysis suggests that the conversion strategy changes from over-conversion, to full conversion, and then to partial conversion with increasing waste trading price. Furthermore, an increase in the waste disposal fee contributes to the diversion of wastes from the landfill but may result in worse environmental consequences especially for wastes with a slight reduction in the production impact compared to raw materials. This implies that policy makers should charge the waste disposal fee based on waste types and focus on increasing that for wastes with higher disposal and lower production impacts. Finally, at the lower waste trading price, the interfirm waste utilisation is always a win-win strategy. While at the higher waste trading price, it is a win-win strategy for products with a substantial reduction in the production impact when producing with wastes. Otherwise, it is a win-win strategy for products with a lower production impact relative to the raw material usage and waste disposal impacts.

Suggested Citation

  • Weiyue Zhang & ChenGuang Liu & Lin Li, 2022. "Economic and environmental implications of the interfirm waste utilisation," International Journal of Production Research, Taylor & Francis Journals, vol. 60(16), pages 4868-4889, August.
  • Handle: RePEc:taf:tprsxx:v:60:y:2022:i:16:p:4868-4889
    DOI: 10.1080/00207543.2021.1941374
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/00207543.2021.1941374
    Download Restriction: Access to full text is restricted to subscribers.

    File URL: https://libkey.io/10.1080/00207543.2021.1941374?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.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Amirteimoori, Alireza & Kazemi Matin, Reza & Yadollahi, Amir Hossein, 2024. "Stochastic resource reallocation in two-stage production processes with undesirable outputs: An empirical study on the power industry," Socio-Economic Planning Sciences, Elsevier, vol. 93(C).

    More about this item

    Statistics

    Access and download statistics

    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:taf:tprsxx:v:60:y:2022:i:16:p:4868-4889. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/TPRS20 .

    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.