TY - JOUR
T1 - Two aspects of waste management from the viewpoints of a waste generator and a recipient
AU - Batabyal, A.
AU - Nijkamp, P.
PY - 2009
Y1 - 2009
N2 - Regulations specify the maximum amount of waste that can be stored on site by a waste generating firm. When this regulatory threshold is reached, a polluting firm must move its on site waste to an off site recipient. In this setting, we analyse two questions in a stochastic framework from the viewpoints of a waste generator and a recipient that have received scant theoretical attention in the literature. First, given that off site storage is costlier than on site storage, we derive the long-run average cost incurred by a waste generating firm that stores waste both on and off site. Second, we compute the expected amount of time until the off site recipient's waste storage facility is full.
AB - Regulations specify the maximum amount of waste that can be stored on site by a waste generating firm. When this regulatory threshold is reached, a polluting firm must move its on site waste to an off site recipient. In this setting, we analyse two questions in a stochastic framework from the viewpoints of a waste generator and a recipient that have received scant theoretical attention in the literature. First, given that off site storage is costlier than on site storage, we derive the long-run average cost incurred by a waste generating firm that stores waste both on and off site. Second, we compute the expected amount of time until the off site recipient's waste storage facility is full.
U2 - 10.1080/13504850601018528
DO - 10.1080/13504850601018528
M3 - Article
VL - 16
SP - 337
EP - 341
JO - Applied Economics Letters
JF - Applied Economics Letters
SN - 1350-4851
IS - 4
ER -