Does weight-based pricing for municipal waste collection contribute to waste reduction? A dynamic panel analysis in Flanders
| Autor: | Toshiaki Sasao, Simon De Jaeger, Loïc De Weerdt |
|---|---|
| Rok vydání: | 2021 |
| Předmět: |
Municipal solid waste
020209 energy Estimator 02 engineering and technology Fixed effects model 010501 environmental sciences Residual 01 natural sciences Least squares Chemistry Panel analysis Belgium Dummy variable Costs and Cost Analysis 0202 electrical engineering electronic engineering information engineering Econometrics Least-Squares Analysis Biology Waste Management and Disposal 0105 earth and related environmental sciences Mathematics Panel data |
| Zdroj: | Waste management |
| ISSN: | 0956-053X |
| DOI: | 10.1016/j.wasman.2021.04.056 |
| Popis: | This paper analyzes the effects of weight-based pricing on municipal waste generation in Flanders (Belgium) by applying the bias-corrected least squares dummy variables estimation model to account for the dynamic relationship. The study also considers yearly weight-based pricing dummy variables to clarify the annual effects after its introducing and price elasticities of weight-based pricing systems from the both viewpoints of short and long terms. The results by the dynamic panel estimations showed that the continuous participation of weight-based pricing decreases the amount of residual waste significantly by approximately 10.4%. However, the remarkable decrease (approximately 21.4%) was observed only in the first year after the introduction and the reduction effect gradually decreases following its introduction and it disappears in five years. The study also showed that price elasticities of weight-based pricing were smaller than that of volume-based pricing for five years after its introduction and consequently the difference between them disappeared in five years. In addition, the study indicated that the estimation results by the non-dynamic fixed effects model overestimated the long-term effects in weight-based pricing and price effects while underestimating the short-term effect by its introduction. The study suggested that we should consider dynamic effects and remove the bias from the least squares dummy variables estimators when we examine the effects of weight-based pricing. ispartof: Waste Management vol:128 pages:132-141 ispartof: location:United States status: published |
| Databáze: | OpenAIRE |
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