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The efficiency of remanufacturing in a dynamic input-output model. (English) Zbl 1154.91558

Summary: For industrialised economy of ourdays, remanufacturing represents perhaps the largest unexploited resource and opportunity for realising a greater growth of the economy in an environmental-conscious manner. The aim of this paper is to investigate of the impact of remanufacturing in the economy from an economic-efficiency point of view. In static context this phenomenon was analysed in the literature. We use the multi-sector input-output framework in a dynamic context to study intra-period relationships of the sectors of economy. We extend the classical dynamic input-output model taking into consideration the activity of remanufacturing .We try to answer the question, whether the remanufacturing/reuse increases the growth possibility of an economy. We expose a sufficient condition concerning the effectivity of an economy with remanufacturing. By this evaluation we analyse a possible sustainable development of the economy on the basis of the product recovery management of industries.

MSC:

91B62 Economic growth models
91B38 Production theory, theory of the firm
90B30 Production models
Full Text: DOI

References:

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