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A Model of Eco-Efficiency and Recycling

  • Cogoy, Mario
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    This paper presents the model of an economy subject to the mass conservation principle. The economic system is related to the environment by a flow of virgin materials into the economy, and by the diffusion of waste into the environment. Ecoefficiency contributes to reducing material waste in all processes. Recycling can reduce the diffusion of waste by feeding it back into the economy. Human capital enhances productivity, eco-efficiency and the quality of all kinds of outputs. Recycling and human capital formation use productive factors and are rooted therefore, as all other activities, in the material basis of the economy. The paper studies an optimal material state of society.

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    Article provided by Kiel Institute for the World Economy in its journal Economics: The Open-Access, Open-Assessment E-Journal.

    Volume (Year): 3 (2009)
    Issue (Month): ()
    Pages: 1-30

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    Handle: RePEc:zbw:ifweej:7606
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    1. Paul M. Romer, 1989. "Human Capital And Growth: Theory and Evidence," NBER Working Papers 3173, National Bureau of Economic Research, Inc.
    2. Thomas Eichner & Rüdiger Pethig, 1999. "Product Design and efficient Management of Recycling and Waste Treatment," Volkswirtschaftliche Diskussionsbeiträge 76-99, Universität Siegen, Fakultät Wirtschaftswissenschaften, Wirtschaftsinformatik und Wirtschaftsrecht.
    3. Francisco André & Emilio Cerdá, 2006. "On the Dynamics of Recycling and Natural Resources," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 33(2), pages 199-221, 02.
    4. Bouman, Mathijs & Heijungs, Reinout & van der Voet, Ester & van den Bergh, Jeroen C. J. M. & Huppes, Gjalt, 2000. "Material flows and economic models: an analytical comparison of SFA, LCA and partial equilibrium models," Ecological Economics, Elsevier, vol. 32(2), pages 195-216, February.
    5. Cogoy, Mario, 1999. "The consumer as a social and environmental actor," Ecological Economics, Elsevier, vol. 28(3), pages 385-398, March.
    6. Lucas, Robert Jr., 1988. "On the mechanics of economic development," Journal of Monetary Economics, Elsevier, vol. 22(1), pages 3-42, July.
    7. Di Vita, Giuseppe, 1997. "Macroeconomic effects of the recycling of waste derived from imported non-renewable raw materials," Resources Policy, Elsevier, vol. 23(4), pages 179-186, December.
    8. Cleveland, Cutler J. & Ruth, Matthias, 1997. "When, where, and by how much do biophysical limits constrain the economic process?: A survey of Nicholas Georgescu-Roegen's contribution to ecological economics," Ecological Economics, Elsevier, vol. 22(3), pages 203-223, September.
    9. Jannett Highfill & Michael McAsey, 2001. "Landfilling Versus ``Backstop'' Recycling When Income Is Growing," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 19(1), pages 37-52, May.
    10. Ekins, Paul, 2003. "Identifying critical natural capital: Conclusions about critical natural capital," Ecological Economics, Elsevier, vol. 44(2-3), pages 277-292, March.
    11. Huhtala, Anni, 1999. "Optimizing production technology choices: conventional production vs. recycling," Resource and Energy Economics, Elsevier, vol. 21(1), pages 1-18, January.
    12. Ayres, Robert U., 1999. "The second law, the fourth law, recycling and limits to growth," Ecological Economics, Elsevier, vol. 29(3), pages 473-483, June.
    13. Ayres, Robert U., 1998. "Eco-thermodynamics: economics and the second law," Ecological Economics, Elsevier, vol. 26(2), pages 189-209, August.
    14. Converse, A. O., 1996. "Letter to the editor on complete recycling," Ecological Economics, Elsevier, vol. 19(3), pages 193-194, December.
    15. Bianciardi, C. & Tiezzi, E. & Ulgiati, S., 1996. "Response The 'recycle of matter' debate. Physical principles versus practical impossibility," Ecological Economics, Elsevier, vol. 19(3), pages 195-196, December.
    16. Di Vita, Giuseppe, 2001. "Technological change, growth and waste recycling," Energy Economics, Elsevier, vol. 23(5), pages 549-567, September.
    17. Nakamura, Shinichiro, 1999. "An interindustry approach to analyzing economic and environmental effects of the recycling of waste," Ecological Economics, Elsevier, vol. 28(1), pages 133-145, January.
    18. Craig, Paul P., 2001. "Energy limits on recycling," Ecological Economics, Elsevier, vol. 36(3), pages 373-384, March.
    19. Converse, A. O., 1997. "On complete recycling, 2," Ecological Economics, Elsevier, vol. 20(1), pages 1-2, January.
    20. Thomas Eichner, 2005. "Imperfect Competition In The Recycling Industry," Metroeconomica, Wiley Blackwell, vol. 56(1), pages 1-24, 02.
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