Waste Input-Output Analysis, LCA and LCC

Abstract

Any economic activity generates waste of some kind, which needs to be treated by some waste treatment method. Corresponding to any flow of goods among different sectors of the economy, there exists the associated flow of waste involving waste treatment sectors. The conventional IOA was originally developed to represent the intersectoral flow of goods and hence is not designed to take account of the flow of waste associated with it. Consequently, in its conventional form, IOA is not able to take proper account of the effects that result from the interaction between the flows of goods and wastes.