The efficiency of remanufacturing in a dynamic input–output model
For industrialised economy of ourdays, remanufacturing represents perhaps the largest unexploited resource and opportunity for realising a greater growth of the economy in an environmental-conscious manner. The aim of this paper is to investigate of the impact of remanufacturing in the economy from an economic-efficiency point of view. In static context this phenomenon was analysed in the literature. We use the multi-sector input–output framework in a dynamic context to study intra-period relationships of the sectors of economy. We extend the classical dynamic input–output model taking into consideration the activity of remanufacturing .We try to answer the question, whether the remanufacturing/reuse increases the growth possibility of an economy. We expose a sufficient condition concerning the effectivity of an economy with remanufacturing. By this evaluation we analyse a possible sustainable development of the economy on the basis of the product recovery management of industries. Copyright Springer-Verlag 2008
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Volume (Year): 16 (2008)
Issue (Month): 3 (September)
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- Ferrer, Geraldo & Ayres, Robert U., 2000. "The impact of remanufacturing in the economy," Ecological Economics, Elsevier, vol. 32(3), pages 413-429, March.
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