From the Linear Economy to the Circular Economy: A Basic Model

被引：11
|
作者：
Sorensen, Peter Birch [1 ]
机构：
[1] Univ Copenhagen, Oster Farimagsgade 5,Bldg 26, DK-1353 Copenhagen K, Denmark
来源：
FINANZARCHIV | 2018年 / 74卷 / 01期
关键词：
circular economy; linear economy; optimal recycling; Hotelling rule; Pigouvian taxation; POLICIES;
D O I：
10.1628/001522118X15097191506475
中图分类号：
F8 [财政、金融];
学科分类号：
0202 ;
摘要：
This paper sets up a Ramsey model with natural resources to study the optimal recycling of polluting raw materials. Under plausible conditions it is optimal for the economy to go through an initial linear phase with no recycling followed by a circular phase where a fraction of materials is recycled to alleviate growing natural resource scarcity and environmental degradation. In the presence of a Pigouvian tax on nonrecycled materials a competitive market economy will ensure the optimal degree of recycling.
引用
收藏
页码：71 / 87
页数：17
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