A dynamic model of recycling with endogenous technological breakthrough

Gilles Lafforgue and Luc Rouge

Resource and Energy Economics, 2019, vol. 57, issue C, 101-118

Abstract: We develop a growth model in which the use of a non-renewable resource yields waste. Recycling waste produces materials of poor quality. These materials can be reused for production only once a dedicated R&D activity has made their quality reach an exogenous minimum threshold. The economy then switches to a fully recycling regime. We refer to this switch as the technological breakthrough.

Keywords: Recycling; Non-renewable resource; Technical change; Growth (search for similar items in EconPapers)
JEL-codes: C61 O44 Q32 Q53 (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (19)

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Working Paper: A dynamic model of recycling with endogenous technological breakthrough (2018)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:resene:v:57:y:2019:i:c:p:101-118

DOI: 10.1016/j.reseneeco.2019.04.002

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