IDEAS home Printed from https://ideas.repec.org/a/eee/jrpoli/v74y2021ics0301420717304026.html
   My bibliography  Save this article

MFCA extension from a life cycle perspective: Methodical refinements and use case

Author

Listed:
  • Zeng, Huixiang
  • Zhou, Zhifang
  • Xiao, Xu

Abstract

Decision-making about sustainable development is closely related to Material Flow Cost Accounting (MFCA) and Life Cycle Analysis (LCA), and it still lacks a mature theoretical method system capable of analyzing the lifecycle extension of MFCA. For this reason, this paper takes the adaptation range of MFCA as its starting point and constructs a method system for analyzing lifecycle-extended MFCA. This system involves an MFCA-LCA integrated flow model and accounting method, and it introduces a case study to describe the accounting of environmental damage value, the cost accounting of MFCA and the implementation steps of a comprehensive assessment of MFCA-LCA. This paper extends and expands MFCA theory, and it also provides guidance to enterprises that implement MFCA.

Suggested Citation

  • Zeng, Huixiang & Zhou, Zhifang & Xiao, Xu, 2021. "MFCA extension from a life cycle perspective: Methodical refinements and use case," Resources Policy, Elsevier, vol. 74(C).
    • Handle: RePEc:eee:jrpoli:v:74:y:2021:i:c:s0301420717304026
    DOI: 10.1016/j.resourpol.2019.101507
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0301420717304026
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.resourpol.2019.101507?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.

    References listed on IDEAS

    as
    1. Christ, Katherine L. & Burritt, Roger L., 2016. "ISO 14051: A new era for MFCA implementation and research," Revista de Contabilidad - Spanish Accounting Review, Elsevier, vol. 19(1), pages 1-9.
    2. Romano, Pietro & Formentini, Marco, 2012. "Designing and implementing open book accounting in buyer–supplier dyads: A framework for supplier selection and motivation," International Journal of Production Economics, Elsevier, vol. 137(1), pages 68-83.
    3. Wang, Ran & Cheng, Jinhua & Zhu, Yali & Lu, Peixin, 2017. "Evaluation on the coupling coordination of resources and environment carrying capacity in Chinese mining economic zones," Resources Policy, Elsevier, vol. 53(C), pages 20-25.
    4. Toms, Steven & Fleischman, Richard K., 2015. "Accounting fundamentals and accounting change: Boulton & Watt and the Springfield Armory," Accounting, Organizations and Society, Elsevier, vol. 41(C), pages 1-20.
    Full references (including those not matched with items on IDEAS)

    Citations

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


    Cited by:

    1. Héctor Leiva & Ignacio Julian & Lucía Ventura & Elin Wallin & Marcus Vendt & Rickard Fornell & Francisca Galindo Paniagua & Sonia Ascaso & Manuel Gomez-Perez, 2025. "Advancing Sustainability Through Industrial Symbiosis: A Technoeconomic Approach Using Material Flow Cost Accounting and Cost–Benefit Analysis," Sustainability, MDPI, vol. 17(6), pages 1-31, March.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Hesping, Frank Henrik & Schiele, Holger, 2016. "Matching tactical sourcing levers with the Kraljič matrix: Empirical evidence on purchasing portfolios," International Journal of Production Economics, Elsevier, vol. 177(C), pages 101-117.
    2. Wang, Jiankang & Han, Qian & Wu, Kexin & Xu, Zetao & Liu, Peng, 2022. "Spatial-temporal patterns and evolution characteristics of the coordinated development of industrial economy, natural resources and environment in China," Resources Policy, Elsevier, vol. 75(C).
    3. Romana Fernando Acabado, 2020. "Impact Assessment on the Economic and Financial Indicators of the Implementation of Lean Management Model," Journal of Intercultural Management, Sciendo, vol. 12(4), pages 49-69, December.
    4. Bortolotti, Thomas & Boscari, Stefania & Danese, Pamela, 2015. "Successful lean implementation: Organizational culture and soft lean practices," International Journal of Production Economics, Elsevier, vol. 160(C), pages 182-201.
    5. Aiyong Lin & Yujia Liu & Shuling Zhou & Yajie Zhang & Cui Wang & Heping Ding, 2023. "Data-Driven Analysis and Evaluation of Regional Resources and the Environmental Carrying Capacity," Sustainability, MDPI, vol. 15(10), pages 1-18, May.
    6. Subramanian, Nachiappan & Gunasekaran, Angappa & Abdulrahman, Muhammad D. & Qiao, Crystal, 2019. "Out-in, in-out buyer quality innovation pathways for new product outcome: Empirical evidence from the Chinese consumer goods industry," International Journal of Production Economics, Elsevier, vol. 207(C), pages 183-194.
    7. Zhiqiang Zhang & Ling Li & Qiuyu Guo, 2022. "The Interactive Relationships between the Tourism-Transportation-Ecological Environment System of Provinces along the ‘Silk Road Economic Belt’ in China," Sustainability, MDPI, vol. 14(5), pages 1-33, March.
    8. Fengting Zhang & Md Nazirul Islam Sarker & Yang Lv, 2022. "Coupling Coordination of the Regional Economy, Tourism Industry, and the Ecological Environment: Evidence from Western China," Sustainability, MDPI, vol. 14(3), pages 1-19, January.
    9. Jui-Che Tu & Hsieh-Shan Huang, 2019. "Relationship between Green Design and Material Flow Cost Accounting in the Context of Effective Resource Utilization," Sustainability, MDPI, vol. 11(7), pages 1-15, April.
    10. Zhang, Chun & Henke, John W. & Viswanathan, Sridhar, 2015. "Reciprocity between buyer cost sharing and supplier technology sharing," International Journal of Production Economics, Elsevier, vol. 163(C), pages 61-70.
    11. Lin-Hong Zheng & Nor Eeza Zainal Abidin & Mohammad Nazri Mohd Nor & Yue-Yun Xu & Xiao-Wei Feng, 2023. "Sustainable Coupling Coordination and Influencing Factors of Sports Facilities Construction and Social Economy Development in China," Sustainability, MDPI, vol. 15(3), pages 1-17, February.
    12. Mashudu D. Mbedzi & Huibrecht M. Van der Poll & John A. Van der Poll, 2018. "An Information Framework for Facilitating Cost Saving of Environmental Impacts in the Coal Mining Industry in South Africa," Sustainability, MDPI, vol. 10(6), pages 1-20, May.
    13. Xia Wang & Danli Liu, 2020. "The Coupling Coordination Relationship between Tourism Competitiveness and Economic Growth of Developing Countries," Sustainability, MDPI, vol. 12(6), pages 1-18, March.
    14. Jiali Zhou & Xiangbo Fan & Chenggang Li & Guofei Shang, 2022. "Factors Influencing the Coupling of the Development of Rural Urbanization and Rural Finance: Evidence from Rural China," Land, MDPI, vol. 11(6), pages 1-21, June.
    15. Michele Bisceglia, 2023. "Vertical Contract Disclosure in Three‐Tier Industries," Journal of Industrial Economics, Wiley Blackwell, vol. 71(1), pages 1-46, March.
    16. Hui‐Cheng Yu & Bor‐Yuan Tsai, 2018. "Environmental policy and sustainable development: An empirical study on carbon reduction among Chinese enterprises," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 25(5), pages 1019-1026, September.
    17. Xinghong He & Zhichao Cao & Silin Zhang & Shumin Liang & Yuyang Zhang & Tianbo Ji & Quan Shi, 2020. "Coordination Investigation of the Economic, Social and Environmental Benefits of Urban Public Transport Infrastructure in 13 Cities, Jiangsu Province, China," IJERPH, MDPI, vol. 17(18), pages 1-19, September.
    18. Sun, Han & Hu, Xueyuan & Yang, Xiaohui & Wang, Hai & Cheng, Jinhua, 2023. "Estimating water pollution and economic cost embodied in the mining industry: An interprovincial analysis in China," Resources Policy, Elsevier, vol. 86(PB).
    19. Junfei Chen & Xiaoya Yu & Lei Qiu & Menghua Deng & Ran Dong, 2018. "Study on Vulnerability and Coordination of Water-Energy-Food System in Northwest China," Sustainability, MDPI, vol. 10(10), pages 1-25, October.
    20. Han, Xu & Wang, Ying & Yu, Wanlin & Xia, Xianli, 2023. "Coupling and coordination between green finance and agricultural green development: Evidence from China," Finance Research Letters, Elsevier, vol. 58(PA).

    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:eee:jrpoli:v:74:y:2021:i:c:s0301420717304026. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/inca/30467 .

    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.