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Xiuli Liu

Chinese Academy of Sciences, China

Title: Evaluating the impacts of waste treatment management modes on product price by sector in a macro economic system

Biography

Biography: Xiuli Liu

Abstract

This paper established an Input-Occupancy-Output (IOO) table that was integrated with several alternative waste treatment management modes. Based on this table, a Ghosh price model was developed to evaluate the price changes in each sector compared with their traditional prices for the direct and indirect impacts of costs of waste treatment management modes. The model was applied to the waste water treatment case in China. In each waste treatment management mode, the price change of each sector was evaluated. The results revealed that different waste treatment management modes generate different ranks for the price changes by sector. There are 22 sectors whose prices increase are mainly caused by other sectors’ added waste water treatment costs. An optimal combination of two waste treatment management modes for 42 sectors generates the minimum price increase for all sectors. The model can help to set reasonable price for each sector systematically when a waste treatment management mode is adopted.