Recycling and natural resources
Recycling affects both extraction of new resources as well as the need for energy and inputs to production of new goods. To evaluate whether recycling is a cost-effective instrument, sources for market failure underlying recycling as a political instrument must be indentified. Which markets failures recycling is meant to prevent are in general vaguely expressed in public documents.
- Project term
- 01.01.2009 - 30.04.2009
- Project status
- Research field
About the Project
In this project, we will go through different types of natural resources where the extraction can be reduced through waste recycling, and assess in what degree prices are wrong. The assessments will be tied up to economic theory and the pricing of renewable and non-renewable resources. We will further make some quantitative estimation on in what degree recycling of some specific materials can contribute to correct market failure. The project is written as a master thesis.