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Air Pollution and the Willingness to Pay of Exposed Individuals in Downtown Medellín, Colombia

Author

Listed:
  • Carlos Felipe Gaviria Garcés

    (Universidad de Antioquia)

  • Daniel Felipe Martínez Enríquez

    (Universidad del Rosario)

Abstract

Within Colombia, Medellín holds the title of the city with the second worst air quality, and within the city, Downtown Medellín is one of the areas most affected by mobile gas emissions. Individuals that work downtown were surveyed in order to measure their willingness to pay (WTP) to reduce air pollution. Four groups are characterized according to the respondents' answers: Stated Preference (SP), Averted Costs (AV), both (SP and AV), and No WTP. Results show that age, income level, having a symptom/illness, and exposure to pollution (at different levels) are important for characterizing the respondents into these groups and have a direct effect on the probability of them stating a positive WTP.

Suggested Citation

  • Carlos Felipe Gaviria Garcés & Daniel Felipe Martínez Enríquez, 2014. "Air Pollution and the Willingness to Pay of Exposed Individuals in Downtown Medellín, Colombia," Lecturas de Economía, Universidad de Antioquia, Departamento de Economía, issue 80, pages 153-182, Enero-Jun.
    • Handle: RePEc:lde:journl:y:2014:i:80:p:153-182
    DOI: 10.17533/udea.le.n80a6
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    More about this item

    Keywords

    Air Pollution; Contingent Valuation; Willingness to Pay; Medellín;
    All these keywords.

    JEL classification:

    • Q53 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Air Pollution; Water Pollution; Noise; Hazardous Waste; Solid Waste; Recycling
    • Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
    • Q59 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Other

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