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Deposit refund system


deposit refund system

JEL Classification: H23, Q53, Q58, suggested Citation, walls, Margaret, Deposit-Refund Systems in Practice and Theory (November 23, 2011).
These results have been corroborated in calibrated models.S.
In addition, researchers have shown that the approach can be used to address many other environmental problems beyond waste disposal.Resources for the Future Discussion Paper.Keywords: deposit-refund, waste disposal, recycling, source reduction, illegal dumping, Pigovian tax, advance disposal fee, upstream pollution, design for environment.To learn more, view our.Retrieved from " ").In these systems, the processors or collectors of recyclables rather than consumers receive the refund.And in theoretical models that consider joint environmental problems and product design considerations, the deposit-refund continues to have much to recommend it as a component of an overall socially optimal set of policies.From Wikipedia, the free encyclopedia, jump to navigation, jump to search.More empirical research into deposit-refund systems is needed, particularly the upstream systems used for many products.There are three potential advantages of a DRS: it reduces illegal dumping by giving a financial incentive, it makes monitoring and enforcement easier, and evading the costs is difficult.A deposit-refund system (DRS also known as deposit-return system, advance deposit fee or deposit-return scheme, is a surcharge on a product when purchased and a rebate when it is returned.15 Pages Posted: Date Written: November 23, 2011, abstract, a deposit-refund system combines a tax on product consumption with a rebate when the product or its packaging is returned for recycling.Available at ssrn: m/abstract1980142.org/10.2139/ssrn.1980142.Deposit-refunds are used for beverage containers, lead-acid batteries, motor oil, tires, various hazardous materials, electronics, and more.1, deposit-refund systems can be both voluntary or mandated by legislation.As with, pigovian taxes a DRS aims to limit pollution of various types by creating an incentive to return a product.Deposit-refund system are a market-based instrument to address externalities.Theoretical models have shown that alternative waste disposal policies, such as virgin materials taxes, advance disposal fees, recycled content standards, and recycling subsidies are inferior to a deposit-refund.1, while igt casino games online most commonly used with beverage containers it can be used on other materials including liquid and gaseous wastes.
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2, deposit-refund systems are used on products such as batteries, tyres, automotive oil, consumer electronics and shipping pallets.


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