Diferencias salariales asociadas a atributos ambientales en trece ciudades colombianas: una estimación de salarios hedónicos

Carlos Andrés Pérez Ramírez () and Fabio Arias Arbeláez ()
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Carlos Andrés Pérez Ramírez: Universidad del Valle, Postal: Universidad del Valle (CIDSE), apartado 25360. Cali, Colombia

Lecturas de Economía, 2007, issue 66, 119-146

Abstract: This paper estimates people’s valuation for the sensation of physical well- being directly associated with the weather. In order to accomplish this, it identifies, using an estimation of a hedonic wage model, the wage differentials between thirteen of the largest and most important Colombian cities for 2003. It includes, among the variables, a human thermal comfort index related to average climatic conditions. The paper finds the existence of wage differentials associated with both weather conditions, and community and security characteristics. It also finds that climatic variables may impinge on labor market adjustments.

Keywords: hedonic wages; Colombia; thermal comfort; quality of life; labor market (search for similar items in EconPapers)
JEL-codes: Q51 Q54 R13 (search for similar items in EconPapers)
Date: 2007
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