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Working Paper No. 387 Time as a Structural Barrier for a Circular Economy

PublikationWorking paper
Jonas Grafström
Working-paper-387
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Sammanfattning

Debatter om cirkulär ekonomi erkänner ofta materiella livslängder och tidsfördröjningar, men tid behandlas vanligen som en kontextuell fråga snarare än ett strukturellt hinder. Bidraget här är att omformulera övergångar till en cirkulär ekonomi som intertemporala processer genom att behandla tid som ett endogent strukturellt hinder. En ram utvecklas som klassificerar varor i kort-, medel- och långlivade kategorier, och visar hur eftersläpande inflöden och värderingsbiaser dämpar den aggregerade cirkulariteten även när tekniken förbättras. Genom att göra tidsmässiga mekanismer explicita förklarar analysen varför indikatorer förblir stagnanta trots policyåtgärder och effektivitetsvinster. Bidraget är att introducera tid som ett endogent hinder, genom att integrera insikter från miljö- och resurs­ekonomi i teorin om cirkulär ekonomi och visa hur fördröjd substitution formar både företagsinvesteringar och policys utfall.

Detaljer

Författare

Jonas Grafström

Publiceringsår

2025

Publicerat i

Ratio Working Paper Series.

Liknande innehåll

Working Paper No. 385 The workload paradox: Will AI reduce academic labor?
Working paperPublikation
Jonas Grafström
Ladda ner
Publiceringsår

2025

Publicerat i

Ratio Working Paper Series.

Sammanfattning

Artificial intelligence is reshaping academia, but instead of liberating scholars, AI might keep them running faster just to stay in place. This paper theoretically explores how AI increases institutional expectations rather than reducing workload. Using a formal workload model, the study examines how automation affects academic tasks, revealing that while AI streamlines some processes, it also creates new responsibilities in research, publishing, and administration. A case study illustrates how scholars experience rising pressures to verify AI-generated work, adapt to changing publication norms, and meet intensifying institutional demands. The findings suggest that AI’s role in academia is not one only of simplification, but acceleration—a race where efficiency gains are quickly absorbed, where the pursuit of academic excellence becomes ever more demanding, and where scholars must continuously push forward, not to advance, but merely to avoid falling behind.

Working Paper No. 384 Vertical industrial policy: principles, practice and potential
Working paperPublikation
Jonas Grafström
Ladda ner
Publiceringsår

2025

Publicerat i

Ratio Working Paper Series.

Sammanfattning

This report investigates the rationale, implementation challenges, and evolving global context of vertical industrial policy, with a particular focus on Sweden. Against the backdrop of recent global crises—including the 2008 financial crisis, the COVID-19 pandemic, and geopolitical disruptions following Russia’s invasion of Ukraine—the analysis explores how governments have re-evaluated the role of state intervention to bolster economic resilience and strategic autonomy. The report distinguishes between horizontal and vertical approaches, where vertical policy targets specific sectors or technologies considered critical for national development, such as green technology, semiconductors, and renewable energy. Drawing on economic theory and empirical evidence, the report outlines the key justifications for vertical industrial policy, including market failures, coordination problems, and the under-provision of public goods. It also addresses the limitations and risks associated with such policies, including information asymmetries, rent-seeking, and political capture. A central contribution is a decision-making framework designed to help policymakers assess when vertical industrial intervention may be justified and how it can be designed to minimize inefficiencies and unintended consequences. While the report takes a cautiously critical stance toward vertical industrial policy, it acknowledges its potential when implemented with clear objectives, regular evaluations, and institutional safeguards. The analysis highlights the need for a balanced and flexible approach, especially in the context of green transitions and geopolitical fragmentation.

Working Paper No. 383 Insider activism in the forest industry: An empirical public choice analysis
Working paperPublikation
Jonas Grafström & Nils Karlson
Ladda ner
Publiceringsår

2025

Publicerat i

Ratio Working Paper Series

Sammanfattning

Insider activism—where bureaucrats use discretionary power to advance own ideological goals—has significant implications for regulatory stability and property rights security. Using the Swedish forestry industry as a case study, the purpose of this study is to investigate if insider activism affects the Swedish forestry sector and how such possible regulatory uncertainty influences economic decision-making. Assembled survey data suggest that forest owners perceive regulatory enforcement as unpredictable, leading to defensive actions such as premature harvesting to preempt restrictive future regulations. To explain these patterns, we apply public choice theory and a game-theoretic approach, demonstrating how bureaucratic drift, regulatory ratcheting, and time-inconsistency problems contribute to persistent distortions in forestry policies. Policy wise, the findings emphasize the need for judicial review, regulatory impact assessments, and clearer legislative mandates to reduce enforcement uncertainty and improve institutional trust. This research advances discussions on bureaucratic incentives, regulatory capture, and legal certainty in environmental policy.

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  • Om verksamheten

    • Detta är Ratio
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    • Verksamhetsberättelse
    • Kontakta oss

  • Media

    • Press & media
    • Nyhetsbrev
    • Nyhetsarkiv

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    • Integritetspolicy

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Utvald publikation

Skill Requirements and Employment of Immigrants in Swedish Hospitality
Kazlou, A., & Wennberg, K.