Comparative Economic Analysis of Waste Disposal System

Abstract

While industrial waste is basically disposed of by the private sector in Japan, it is disposed of by the public sector in Germany. However, lately, there is a movement toward a combination of these two systems in both countries. In this paper, first, I analyze and compare these two disposal systems. Then, I consider how these systems should be combined. It is shown that waste should be classified by the degree of externality and that the two systems should be combined according to this classification.