Price and Substitution in Residential Solid Waste.

Many per-unit curbside recycling and garbage collection pricing systems were implemented in the 1990s. A detailed data set is used to estimate the effect of an increase in the per-unit price change for a long-running pricing system across time in one city. A fixed-effects regression controls for col...

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Detalles Bibliográficos
Publicado en:Contemporary Economic Policy Vol. 25; no. 3; pp. 433 - 444
Autores principales: Isely, Paul, Lowen, Aaron
Formato: Artículo
Publicado: Wiley-Blackwell July 2007
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Acceso en línea:Ver este registro en EBSCOhost
Descripción
Sumario:Many per-unit curbside recycling and garbage collection pricing systems were implemented in the 1990s. A detailed data set is used to estimate the effect of an increase in the per-unit price change for a long-running pricing system across time in one city. A fixed-effects regression controls for collection district and explanatory variables including weather, time, and employment changes. The elasticity estimate is within the range of previous work but with a higher cross-price elasticity to recycling. This shift to recycling results in significant financial benefits to the city and a small decrease in social welfare. (JEL Q5, Q53) Reprinted by permission of the publisher.