Scrap prices, waste and recycling policy

نویسنده

  • Daniel T. Kaffine
چکیده

This study examines the effect of waste and recycling policy on scrap prices and the importance of scrap price feedbacks as a determinate of the costs of waste and recycling policy. The effects of a deposit/refund, advance disposal fee, and recycling subsidies on scrap prices are derived, and the direct and indirect channels of waste reduction are decomposed for the three instruments. Scrap price feedbacks decrease the cost of advance disposal fees, increase the cost of recycling subsidies, and have an ambiguous effect on the cost of deposit/refund. Simulation analysis finds that scrap price feedbacks substantially affect the costs of the policies and alter the ranking of instruments. Draft Please do not distribute or cite ∗Division of Economics and Business, Colorado School of Mines; corresponding author (tel. 303.384.2430 e-mail: [email protected].)

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تاریخ انتشار 2012