TY - JOUR
T1 - A comparison of public policies for lead recycling
AU - Sigman, Hilary A.
N1 - Publisher Copyright: Copyright © 1995, RAND.
PY - 1995
Y1 - 1995
N2 - Policies that encourage recycling may be used to reduce environmental costs from waste disposal because direct restrictions on disposal are difficult io enforce. Four recycling policies have been advanced: (i) taxes on the use of virgin materials, (ii) deposit/refund programs, (Hi) subsidies to recycled material production, and (iv) recycled content standards. In this article, I analyze the structure of these policies and their cost-effectiveness in achieving reductions in disposal. I then examine the policies in the empirical context of the recycling of lead from automobile batteries. In order to calculate the effects of lead recycling programs, I estimate the elasticities for primary and secondary lead supply and demand. My results suggest that price-based policy mechanisms can be successful in increasing lead recovery and that the difference in efficiency between the four approaches is substantial.
AB - Policies that encourage recycling may be used to reduce environmental costs from waste disposal because direct restrictions on disposal are difficult io enforce. Four recycling policies have been advanced: (i) taxes on the use of virgin materials, (ii) deposit/refund programs, (Hi) subsidies to recycled material production, and (iv) recycled content standards. In this article, I analyze the structure of these policies and their cost-effectiveness in achieving reductions in disposal. I then examine the policies in the empirical context of the recycling of lead from automobile batteries. In order to calculate the effects of lead recycling programs, I estimate the elasticities for primary and secondary lead supply and demand. My results suggest that price-based policy mechanisms can be successful in increasing lead recovery and that the difference in efficiency between the four approaches is substantial.
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U2 - https://doi.org/10.2307/2555998
DO - https://doi.org/10.2307/2555998
M3 - Article
SN - 0741-6261
VL - 26
SP - 452
EP - 478
JO - RAND Journal of Economics
JF - RAND Journal of Economics
IS - 3
ER -