Market-based approaches to solid waste management

This paper briefly reviews the failures that have inhibited efficient waste management policy and practice in the past. It then goes on to provide an economic analysis of the comparative merits and limitations of the regulatory approach to waste management policy and the market-based approach. The l...

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Bibliographic Details
Published in:Resources, conservation and recycling conservation and recycling, 1993, Vol.8 (1), p.63-90
Main Authors: Pearce, D.W., Turner, R.K.
Format: Article
Language:English
Subjects:
Economics
Environmental protection
Management
Public policy
Q1
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Summary:This paper briefly reviews the failures that have inhibited efficient waste management policy and practice in the past. It then goes on to provide an economic analysis of the comparative merits and limitations of the regulatory approach to waste management policy and the market-based approach. The latter approach is examined in the context of three typical economic policy instruments: packaging taxes, deposit-refunds and marketable permits.
ISSN:0921-3449
1879-0658
DOI:10.1016/0921-3449(93)90020-G