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A Model of Eco-Efficiency and Recycling

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  • Cogoy, Mario

Abstract

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.

Suggested Citation

  • Cogoy, Mario, 2009. "A Model of Eco-Efficiency and Recycling," Economics - The Open-Access, Open-Assessment E-Journal, Kiel Institute for the World Economy (IfW), vol. 3, pages 1-30.
  • Handle: RePEc:zbw:ifweej:7606
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    File URL: http://dx.doi.org/10.5018/economics-ejournal.ja.2009-21
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    File URL: https://www.econstor.eu/bitstream/10419/27540/1/economics_2009-21.pdf
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    References listed on IDEAS

    as
    1. Huhtala, Anni, 1999. "Optimizing production technology choices: conventional production vs. recycling," Resource and Energy Economics, Elsevier, vol. 21(1), pages 1-18, January.
    2. Ayres, Robert U., 1998. "Eco-thermodynamics: economics and the second law," Ecological Economics, Elsevier, vol. 26(2), pages 189-209, August.
    3. Jannett Highfill & Michael McAsey, 2001. "Landfilling Versus ``Backstop'' Recycling When Income Is Growing," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 19(1), pages 37-52, May.
    4. 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.
    5. Francisco André & Emilio Cerdá, 2006. "On the Dynamics of Recycling and Natural Resources," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 33(2), pages 199-221, February.
    6. Eichner, Thomas & Pethig, Rudiger, 2001. "Product Design and Efficient Management of Recycling and Waste Treatment," Journal of Environmental Economics and Management, Elsevier, vol. 41(1), pages 109-134, January.
    7. 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.
    8. Ekins, Paul, 2003. "Identifying critical natural capital: Conclusions about critical natural capital," Ecological Economics, Elsevier, vol. 44(2-3), pages 277-292, March.
    9. Craig, Paul P., 2001. "Energy limits on recycling," Ecological Economics, Elsevier, vol. 36(3), pages 373-384, March.
    10. Thomas Eichner, 2005. "Imperfect Competition In The Recycling Industry," Metroeconomica, Wiley Blackwell, vol. 56(1), pages 1-24, February.
    11. 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.
    12. 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.
    13. Romer, Paul M., 1990. "Human capital and growth: Theory and evidence," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 32(1), pages 251-286, January.
    14. Converse, A. O., 1997. "On complete recycling, 2," Ecological Economics, Elsevier, vol. 20(1), pages 1-2, January.
    15. Cogoy, Mario, 1999. "The consumer as a social and environmental actor," Ecological Economics, Elsevier, vol. 28(3), pages 385-398, March.
    16. Converse, A. O., 1996. "Letter to the editor on complete recycling," Ecological Economics, Elsevier, vol. 19(3), pages 193-194, December.
    17. Di Vita, Giuseppe, 2001. "Technological change, growth and waste recycling," Energy Economics, Elsevier, vol. 23(5), pages 549-567, September.
    18. 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.
    19. 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.
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    Cited by:

    1. Mario Cogoy, 2010. "Consumption, time and the environment," Review of Economics of the Household, Springer, vol. 8(4), pages 459-477, December.

    More about this item

    Keywords

    Eco-efficiency; recycling; materials balances; material flows; knowledge;

    JEL classification:

    • D90 - Microeconomics - - Micro-Based Behavioral Economics - - - General
    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • O41 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - One, Two, and Multisector Growth Models
    • Q00 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - General

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