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The Impact of Government Subsidies on Single-Channel Recycling Based on Recycling Propaganda

Author

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  • Fangfang Zhang

    (Department of Finance, Zhengzhou University, Zhengzhou 450001, China)

  • Hao Wang

    (Department of Geography and Planning, University of Toronto, Toronto, ON M5 S2E8, Canada)

  • Xiaoyu Wu

    (Department of Finance, Zhengzhou University, Zhengzhou 450001, China)

Abstract

The recycling of waste products is an important way to achieve global sustainable development. To analyze the impact of different objects of government subsidies on single-channel recycling based on recycling propaganda, four theory game models of single-channel recycling based on government subsidies and recycling propaganda are established. By comparing and analyzing the effects of different subsidies and propaganda strategies on the recycling of waste products in the four models, this article mainly draws the following conclusions: the government selecting different objects to subsidize has the same effect on the unit recycling price, quantity, and revenue of waste products; when the government subsidizes the processors, the consigned recycling price of waste products will increase, but when the government subsidizes recyclers, it will decrease; when the propagandist is determined, the optimal value of propaganda is related to the sensitivity of residents to the unit recycling price of waste products, the unit propaganda of waste products, and the expenses of propagating waste products.

Suggested Citation

  • Fangfang Zhang & Hao Wang & Xiaoyu Wu, 2021. "The Impact of Government Subsidies on Single-Channel Recycling Based on Recycling Propaganda," Energies, MDPI, vol. 14(23), pages 1-14, December.
  • Handle: RePEc:gam:jeners:v:14:y:2021:i:23:p:8189-:d:696315
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    References listed on IDEAS

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    Cited by:

    1. Qiuyun Zhu & Xiaoyang Zhou & Aijun Liu & Chong Gao & Lei Xu & Fan Zhao & Ding Zhang & Benjamin Lev, 2022. "Equilibrium Optimization with Multi-Energy-Efficiency-Grade Products: Government and Market Perspective," Energies, MDPI, vol. 15(19), pages 1-23, October.
    2. Binbin Xu & Qing Chen & Bailu Fu & Rong Zheng & Jintu Fan, 2022. "Current Situation and Construction of Recycling System in China for Post-Consumer Textile Waste," Sustainability, MDPI, vol. 14(24), pages 1-17, December.

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