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

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  • Alejandra García Cardona

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.

Suggested Citation

  • Alejandra García Cardona, 2010. "Pollution in the Medellín River (2006-2001): A Political Market," Lecturas de Economía, Universidad de Antioquia, Departamento de Economía, issue 72, pages 169-194.
  • Handle: RePEc:lde:journl:y:2010:i:72:p:169-194
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    Keywords

    Pollution taxes; demand cost; supply cost; political market;

    JEL classification:

    • D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
    • D74 - Microeconomics - - Analysis of Collective Decision-Making - - - Conflict; Conflict Resolution; Alliances; Revolutions
    • D78 - Microeconomics - - Analysis of Collective Decision-Making - - - Positive Analysis of Policy Formulation and Implementation

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