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Pollution in the Medellín River (2006-2001): A Political Market

Alejandra García Cardona

Lecturas de Economía, 2010, issue 72, 169-194

Abstract: This study describes a framework for analyzing the formation of political and economic costs in setting pollution taxes aimed to control the contamination of water bodies, in 2006-2011, for the Área Metropolitana del Valle de Aburrá and its regulated community. Through an exploratory analysis and using an inductive approach, this study examines the actual experience of implementing an environmental policy in a specific region. The results of this study suggest that political and economic costs explain not only the supplier’s logic and reasoning but also the consumer’s level of demands intended to reduce contamination in the Medellín River.

Keywords: Pollution taxes; demand cost; supply cost; political market (search for similar items in EconPapers)
JEL-codes: D72 D74 D78 (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:lde:journl:y:2010:i:72:p:169-194

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