Munich Personal RePEc Archive

Social Responsibility of Recycling

Wing, Albert and Wilk, Shaun (2019): Social Responsibility of Recycling. Published in: Research in Management, Business & Commerce , Vol. 6, No. 7 (10 April 2019): pp. 95-114.

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Abstract

Recycling is the process of making or manufacturing new products from a product that has originally served its purpose. If these used products are disposed of in an appropriate, environmentally friendly way, the process of recycling has been set in motion. There is some debate over whether recycling is economically efficient. Municipalities often see fiscal benefits from implementing recycling programs, largely due to the reduced landfill costs. Fiscal efficiency is separate from economic efficiency. Economic analysis of recycling includes what economists call externalities, which are unpriced costs and benefits that accrue to individuals outside of private transactions.

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