Optimal rate of paper recycling

Didier Tatoutchoup

Forest Policy and Economics, 2016, vol. 73, issue C, 264-269

Abstract: This paper uses a dynamic land allocation model combined with the infinite rotation problem to determine theoretically, the recycling rate that maximizes the forest area and, thus, the number of trees under social management thereby integrating both positive externalities generated by the forest and social costs of not recycling. The results suggest that, when the recycling rate is low, increasing it to its optimal level will result in more land area being devoted to forestry and, thus, more trees. However, increasing it beyond its optimal level will reduce the number of trees in the long run. In addition, the recycling rate that maximizes the forest area is optimal in the sense that it also maximizes the social net benefit. An application shows that increasing the recycling rate up to its optimal level considerably increases the forest area. The increase in the social net benefit is very small.

Keywords: Recycling rate; Optimal rotation; Forestry; Land allocation (search for similar items in EconPapers)
JEL-codes: C13 Q23 Q24 (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:forpol:v:73:y:2016:i:c:p:264-269

DOI: 10.1016/j.forpol.2016.09.022

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