News: Competition in remanufacturing and the effects of government subsidies
In this paper, we analyze a two-period model of a manufacturer who makes and sells a new product and a remanufacturer who competes with the manufacturer in the second period. We examine the effects of government subsidies as a means to promote remanufa
Thursday, 28th February 2008
In particular, we consider a subsidy proportional to remanufacturing volume that is paid solely to the remanufacturer, solely to the manufacturer, or shared among the firms. We find that the introduction of subsidies increases remanufacturing activity, and that the manufacturer's profits generally decrease while the remanufacturer's profits increase when 100% of the subsidy goes to the remanufacturer. We also find that a policy-maker should consider a subsidy scheme with some positive fraction of the subsidy paid to the manufacturer. Remanufacturing activity is generally higher and profits of both firms increase. In addition, subsidy sharing creates incentives for the manufacturer to design a product that is more suitable for remanufacturing, and to be more open to efforts to increase the return rate of end-of-life products. These academic papers are available to purchase through Sciencedirect.com, usually at US$30 each. To do this, it is necessary to register via the weblink given.
European Remanufacturing Council launches with a nod to Hollywood
The newly-launched Conseil Européen de Remanufacture plans to represent companies which produce €30 billion of remanufactured products and employ 190,000 people across Europe.
Request for stakeholder engagement from the Wuppertal Institute
The Wuppertal Institute are looking for reuse and remanufacturing stakeholders to contribute to two projects analysing the barriers to reuse and remanufacturing in Europe.
Remanufacturing Industries Council Announces Historic Alliance of Remanufacturing Organizations
PRESS RELEASE: The Remanufacturing Industries Council (RIC) has signed a memorandum of understanding (MoU) with four remanufacturing business associations, each representing a different sector within the remanufacturing industry.