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A Model of Eco-Efficiency and Recycling

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  • Cogoy, Mario

Abstract

This paper presents the model of an economy subject to the mass conservation principle. The economic system is related to the environment by a flow of virgin materials into the economy, and by the diffusion of waste into the environment. Ecoefficiency contributes to reducing material waste in all processes. Recycling can reduce the diffusion of waste by feeding it back into the economy. Human capital enhances productivity, eco-efficiency and the quality of all kinds of outputs. Recycling and human capital formation use productive factors and are rooted therefore, as all other activities, in the material basis of the economy. The paper studies an optimal material state of society.

Suggested Citation

  • Cogoy, Mario, 2009. "A Model of Eco-Efficiency and Recycling," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 3, pages 1-30.
    • Handle: RePEc:zbw:ifweej:7606
    DOI: 10.5018/economics-ejournal.ja.2009-21
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    References listed on IDEAS

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    Cited by:

    1. Mario Cogoy, 2010. "Consumption, time and the environment," Review of Economics of the Household, Springer, vol. 8(4), pages 459-477, December.

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    More about this item

    Keywords

    Eco-efficiency; recycling; materials balances; material flows; knowledge;
    All these keywords.

    JEL classification:

    • D90 - Microeconomics - - Micro-Based Behavioral Economics - - - General
    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • O41 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - One, Two, and Multisector Growth Models
    • Q00 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - General

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