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An analysis of subsidies within the plastics recycling industry

Polyethylene terephthalate (PET) is widely used in the manufacture of food and beverage containers, in addition to a variety of fibres. PET is considered to be 100% recyclable and can be recycled into a number of different end-use streams: bottle-to-bottle; bottle-to-foodgrade, or bottle-to-fibre. I...

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Main Author: Black, David
Other Authors: Visser, Martine
Format: Thesis
Language:English
Published: School of Economics 2016
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access_status_str Open Access
author Black, David
author2 Visser, Martine
author_browse Black, David
Visser, Martine
author_facet Visser, Martine
Black, David
author_sort Black, David
collection Thesis
description Polyethylene terephthalate (PET) is widely used in the manufacture of food and beverage containers, in addition to a variety of fibres. PET is considered to be 100% recyclable and can be recycled into a number of different end-use streams: bottle-to-bottle; bottle-to-foodgrade, or bottle-to-fibre. In South Africa, the PET Recycling Company (trading as PETCO) was established to avoid the possibility of government-imposed punitive legislation and to alleviate the impact of PET-based litter. PETCO generates revenue through the collection of voluntary levies from PET manufacturers and supports the recycling of PET through the administration of recycling subsidies and the unlocking of constraints in the PET recycling value chain. This study sets out to describe the PET recycling industry and empirically assess the effectiveness of PETCO's recycling subsidies through regression analysis. As a background to the regression analysis, the study builds the theory behind production and cost function analysis (in addition to the associated duality theory). However, due to the combination of the research question and the limited data availability, an alternative model was adopted, in order to explain as much variation in production tonnages as possible.
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institution University of Cape Town (South Africa)
language eng
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license_str Not specified — see source repository
provenance_str_mv Harvested via OAI-PMH from UCTD — University of Cape Town Open Access Repository
publishDate 2016
publishDateRange 2016
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spelling oai:open.uct.ac.za:11427/21744 An analysis of subsidies within the plastics recycling industry Black, David Visser, Martine Grybowski, Lukasz Applied Economics Polyethylene terephthalate (PET) is widely used in the manufacture of food and beverage containers, in addition to a variety of fibres. PET is considered to be 100% recyclable and can be recycled into a number of different end-use streams: bottle-to-bottle; bottle-to-foodgrade, or bottle-to-fibre. In South Africa, the PET Recycling Company (trading as PETCO) was established to avoid the possibility of government-imposed punitive legislation and to alleviate the impact of PET-based litter. PETCO generates revenue through the collection of voluntary levies from PET manufacturers and supports the recycling of PET through the administration of recycling subsidies and the unlocking of constraints in the PET recycling value chain. This study sets out to describe the PET recycling industry and empirically assess the effectiveness of PETCO's recycling subsidies through regression analysis. As a background to the regression analysis, the study builds the theory behind production and cost function analysis (in addition to the associated duality theory). However, due to the combination of the research question and the limited data availability, an alternative model was adopted, in order to explain as much variation in production tonnages as possible. 2016-09-14T12:49:09Z 2016-09-14T12:49:09Z 2016 Master Thesis Masters MCom http://hdl.handle.net/11427/21744 eng application/pdf School of Economics Faculty of Commerce University of Cape Town
spellingShingle Applied Economics
Black, David
An analysis of subsidies within the plastics recycling industry
thesis_degree_str Master's
title An analysis of subsidies within the plastics recycling industry
title_full An analysis of subsidies within the plastics recycling industry
title_fullStr An analysis of subsidies within the plastics recycling industry
title_full_unstemmed An analysis of subsidies within the plastics recycling industry
title_short An analysis of subsidies within the plastics recycling industry
title_sort analysis of subsidies within the plastics recycling industry
topic Applied Economics
url http://hdl.handle.net/11427/21744
work_keys_str_mv AT blackdavid ananalysisofsubsidieswithintheplasticsrecyclingindustry
AT blackdavid analysisofsubsidieswithintheplasticsrecyclingindustry