Discussion Paper

No. 2009-9 | January 13, 2009
A Model of Eco-Efficiency and Recycling

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. Eco-efficiency 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.

JEL Classification

D90 O30 O41 Q00

Cite As

Mario Cogoy (2009). A Model of Eco-Efficiency and Recycling. Economics Discussion Papers, No 2009-9, Kiel Institute for the World Economy. http://www.economics-ejournal.org/economics/discussionpapers/2009-9

Assessment



Comments and Questions


Anonymous - Referee Report
January 14, 2009 - 10:52

I think the paper could be improved considering aspects related to economic innovation, not only to avoid waste but also to provide enought new energy ressources that can sustain the process of economic growth. This may one of the main reasons why including human capital in the model is so ...[more]

... important.


Mario Cogoy - Reply to Referee Report 1
January 19, 2009 - 11:54

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Anonymous - Referee Report 2
March 02, 2009 - 16:43

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Mario Cogoy - Reply to Referee Report 2
March 06, 2009 - 09:47

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Anonymous - Good paper!
March 18, 2009 - 14:09

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Mario Cogoy - Reply to Referee Report 3
March 23, 2009 - 10:53

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Anonymous - Comment on the reply
April 08, 2009 - 10:07

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Mario Cogoy - Reply
April 29, 2009 - 12:04

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Anonymous - Final reply
May 08, 2009 - 16:06

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