全球智库信息集成服务系统(G2TT): Do Market Failures Create a \u2018Durability Gap\u2019 in the Circular Economy?

G2TT

来源类型	Working Paper
规范类型	报告
DOI	10.3386/w29073
来源ID	Working Paper 29073
	Do Market Failures Create a \u2018Durability Gap\u2019 in the Circular Economy?
	Don Fullerton; Shan He
发表日期	2021-07-26
出版年	2021
语种	英语
摘要	Circular Economy literature recommends longer lasting products, in order to reduce pollution from extraction, production, and disposal. Our economic analysis finds conditions where consumers choose lives that are too short – a “durability gap”. Then policies targeting durability raise welfare. While externalities are corrected by Pigovian taxes that ignore durability, raising the output tax nonetheless induces consumers to pay more for goods that last longer. Second, if the tax is suboptimal, a durability mandate raises welfare. Third, internalities have ambiguous effects. Fourth, a social discount rate less than private discount rate is the strongest case for policy to favor durability.
主题	Public Economics ; Taxation ; Environmental and Resource Economics ; Environment
URL	https://www.nber.org/papers/w29073
来源智库	National Bureau of Economic Research (United States)
引用统计
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/586747
推荐引用方式 GB/T 7714	Don Fullerton,Shan He. Do Market Failures Create a \u2018Durability Gap\u2019 in the Circular Economy?. 2021.