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A Theory of Production with Waste and Recycling

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  • Conrad, Klaus

Abstract

The management of solid waste has become an urgent problem. Product responsibility means that a product will accompany its producer from cradle to grave; prevention, recycling and disposal of waste are part of a theory of the firm which we develop under solid residual management. We assume that the government stimulates firms to enhance recycling of resources by a fee on waste. A comparative statics analysis shows the impact of a fee on waste reduction, on the structure of the production process, on recycling, on input demand, material saving effort, number of firms, and on the amount of waste disposal.

Suggested Citation

  • Conrad, Klaus, 1997. "A Theory of Production with Waste and Recycling," Discussion Papers 550, Institut fuer Volkswirtschaftslehre und Statistik, Abteilung fuer Volkswirtschaftslehre.
    • Handle: RePEc:mnh:vpaper:1053
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    File URL: https://madoc.bib.uni-mannheim.de/1053/1/550.pdf
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    References listed on IDEAS

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    Cited by:

    1. Santosh Kumar Sahu & Prantik Bagchi, 2023. "Waste from production: an analysis at the firm level," Quality & Quantity: International Journal of Methodology, Springer, vol. 57(3), pages 2641-2656, June.
    2. Choe, Chongwoo & Fraser, Iain, 1998. "The economics of household waste management: a review," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 42(3), pages 1-34.

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