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Waste Management: Evaluation of Economic Instruments to Achieve the Principle of 'Waste Not Want Not' RAJASUNDRAM SATHIENDRAKUMAR Murdoch University --------------------------------- July 1996 Murdoch University Working Paper 153 Abstract: Waste is generated both during the production and the consumption stages of the economy. Environment is a composite asset. The objective of development should be to minimize the undue depreciation of this asset. Excessive waste generation will lead to the depreciation of this asset. The impact of this depreciation is not confined to the future generation alone; it could sometimes reduce the services to the current generation as well. This paper uses a "cubic" framework to analyze the effectiveness, equity and acceptability of various policy instruments that may be used to control municipal solid waste. This paper argues that using a complementary mix of policies, which are jointly relevant, may be superior to using a particular policy instrument in reducing the quantity of waste dumped on to the environment. JEL Classifications: D40, H23 Working Paper Series Contact Information for RAJASUNDRAM SATHIENDRAKUMAR (Contact Author) Email address for RAJASUNDRAM SATHIENDRAKUMAR Murdoch University South Streeet Murdoch ,West Australia 6150 Australia 011-61-9-360-2838 (Phone) 011-61-9-310-7725 (Fax) --------------------------------- Bored stiff? Loosen up... Download and play hundreds of games for free on Yahoo! Games. --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "GreenYes" group. To post to this group, send email to GreenYes@no.address To unsubscribe from this group, send email to GreenYes-unsubscribe@no.address For more options, visit this group at http://groups.google.com/group/GreenYes?hl=en -~----------~----~----~----~------~----~------~--~--- |
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