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

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  • Carlos Andrés Pérez Ramírez

    () (Universidad del Valle)

  • Fabio Alberto Arias Arbeláez

    () (Universidad del Valle)

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.

Suggested Citation

  • Carlos Andrés Pérez Ramírez & Fabio Alberto Arias Arbeláez, 2007. "Diferencias salariales asociadas a atributos ambientales en trece ciudades colombianas: una estimación de salarios hedónicos," Lecturas de Economía, Universidad de Antioquia, Departamento de Economía, issue 66, pages 119-146, Enero-Jun.
  • Handle: RePEc:lde:journl:y:2007:i:66:p:119-146
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    Keywords

    hedonic wages; Colombia; thermal comfort; quality of life; labor market;

    JEL classification:

    • Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • R13 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General Equilibrium and Welfare Economic Analysis of Regional Economies

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