Analysis of National Solid Waste Recycling Programs and Development of Solid Waste Recycling Cost Functions: Summary Statistics for Data Set No. 1 (1999)
Paper Number: EE-0425B
Document Date: 07/01/1999
Author(s): Folz, David H., Bohm, Robert A., Peretz, Jean H., Tonn, Bruce E.,
Subject Area(s):
Solid Waste, Economic Incentives, Recycling
Keywords: Solid Waste, Economic Incentives, Recycling
Abstract:
This report examines opportunities for the application of economic incentive instruments for the management and reduction of hazardous wastes. The analysis concludes that as long as firms comply with existing regulations and bear potential tort liability, no additional incentives appear to be warranted. There may be significant residual external damages, however, if full compliance cannot be ensured. Neither waste-minimization standards not simple economic incentives appear promising as regulatory strategies aimed at noncompliant firms. An innovative economic incentive instrument is examined in which the overt identification of noncompliers is not required.
This paper is part of the Environmental Economics Research Inventory.