The Impact of Government Subsidies on Single-Channel Recycling Based on Recycling Propaganda
Fangfang Zhang,
Hao Wang and
Xiaoyu Wu
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Fangfang Zhang: Department of Finance, Zhengzhou University, Zhengzhou 450001, China
Hao Wang: Department of Geography and Planning, University of Toronto, Toronto, ON M5 S2E8, Canada
Xiaoyu Wu: Department of Finance, Zhengzhou University, Zhengzhou 450001, China
Energies, 2021, vol. 14, issue 23, 1-14
Abstract:
The recycling of waste products is an important way to achieve global sustainable development. To analyze the impact of different objects of government subsidies on single-channel recycling based on recycling propaganda, four theory game models of single-channel recycling based on government subsidies and recycling propaganda are established. By comparing and analyzing the effects of different subsidies and propaganda strategies on the recycling of waste products in the four models, this article mainly draws the following conclusions: the government selecting different objects to subsidize has the same effect on the unit recycling price, quantity, and revenue of waste products; when the government subsidizes the processors, the consigned recycling price of waste products will increase, but when the government subsidizes recyclers, it will decrease; when the propagandist is determined, the optimal value of propaganda is related to the sensitivity of residents to the unit recycling price of waste products, the unit propaganda of waste products, and the expenses of propagating waste products.
Keywords: waste products; single-channel recycling; government subsidies; recycling propaganda (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (2)
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Persistent link: https://EconPapers.repec.org/RePEc:gam:jeners:v:14:y:2021:i:23:p:8189-:d:696315
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