IDEAS home Printed from https://ideas.repec.org/p/ags/midagr/11004.html
   My bibliography  Save this paper

Deposit-Refund Systems: Economic Incentives For The Reduction And Proper Disposal Of Hazardous Wastes

Author

Listed:
  • Chu, Mei-Chin

Abstract

Hazardous wastes such as spent solvents and heavy-metal paint waste are characterized by certain adverse properties which include toxicity, reactivity, corrosivity, and flammability. Improper disposal of hazardous wastes may lead to air pollution, water pollution, or soil contamination which are dangerous for human health and for the ecosystem. These effects are known as externalities if the consequences, or costs, are not considered in the waste-generators' decisions. Due to externality, the social costs, including externality costs, and private costs diverge. Since the Love Canal event, hazardous waste disposal (HWD) has drawn national attention. A Roper poll reported that hazardous waste was perceived by the American public as the most important environmental problem (EPA, 1987; cited by Hammitt, 1988). This concern has led to a number of statutes and regulations to control HWD. This paper will examine the potential role of the deposit-refund (DR) systems as a possible strategy to control hazardous waster disposal.

Suggested Citation

  • Chu, Mei-Chin, 1994. "Deposit-Refund Systems: Economic Incentives For The Reduction And Proper Disposal Of Hazardous Wastes," Graduate Research Master's Degree Plan B Papers 11004, Michigan State University, Department of Agricultural, Food, and Resource Economics.
    • Handle: RePEc:ags:midagr:11004
    DOI: 10.22004/ag.econ.11004
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/11004/files/pb94ch01.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.11004?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
    ---><---

    More about this item

    Keywords

    Environmental Economics and Policy;

    Statistics

    Access and download statistics

    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:ags:midagr:11004. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/damsuus.html .

    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.