TY - JOUR
T1 - Interactive aspects of producers and waste-disposal firms out of a market boundary
AU - Hosoda, Eiji
N1 - Funding Information:
The author is grateful to an anonymous referee of this journal for his/her comments. He is also grateful to Professors Y. Konishi, D. Ichinose, M. Yamamoto and I. Steedman for their criticism and comments. The grant by MEXT‑Supported Program for the Strategic Research Foundation at Private Universities, 2014–2019, is gratefully acknowledged.
Publisher Copyright:
© 2016, Hosoda.
PY - 2016/12/1
Y1 - 2016/12/1
N2 - This paper examines how environmentally friendly production and disposal of waste are promoted by interaction between producers and disposal firms out of a market boundary. Utilizing the dual nature of price and quantity systems, I show that the concept of natural price or production price can be applied to constructing a sustainable economy, where production and waste disposal are made with a relatively small environmental burden. I demonstrate that such a sustainable economy can be created by extended producer responsibility.
AB - This paper examines how environmentally friendly production and disposal of waste are promoted by interaction between producers and disposal firms out of a market boundary. Utilizing the dual nature of price and quantity systems, I show that the concept of natural price or production price can be applied to constructing a sustainable economy, where production and waste disposal are made with a relatively small environmental burden. I demonstrate that such a sustainable economy can be created by extended producer responsibility.
KW - Extended producer responsibility
KW - Reproducibility
KW - Sustainable equilibrium
KW - Waste
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U2 - 10.1186/s40008-016-0038-7
DO - 10.1186/s40008-016-0038-7
M3 - Article
AN - SCOPUS:85031415267
SN - 2193-2409
VL - 5
JO - Journal of Economic Structures
JF - Journal of Economic Structures
IS - 1
M1 - 7
ER -