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Evaluating Institutional Performance: An Ex Post Analysis of Water Law in Colombia

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  • Marie Leigh Livingston

Abstract

In recent years, there have been many changes in environmental law and policy around the globe targeted at improving both economic and environmental conditions. Policy makers and research analysts in many countries are interested in evaluating the success of these changes. Ex-post analysis may be useful in assessing economic and environmental performance. However, the methodology for this type of analysis is still developing. This paper presents one method for performing ex-post analysis using the case of recent changes in water law in the country of Colombia.

Suggested Citation

  • Marie Leigh Livingston, 2008. "Evaluating Institutional Performance: An Ex Post Analysis of Water Law in Colombia," Acta Oeconomica Pragensia, University of Economics, Prague, vol. 2008(3), pages 70-79.
  • Handle: RePEc:prg:jnlaop:v:2008:y:2008:i:3:id:108:p:70-79
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    More about this item

    Keywords

    environmental impact assessment; institutional change; ex-post analysis; water law; Colombia;

    JEL classification:

    • D61 - Microeconomics - - Welfare Economics - - - Allocative Efficiency; Cost-Benefit Analysis
    • D62 - Microeconomics - - Welfare Economics - - - Externalities
    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
    • Q52 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Pollution Control Adoption and Costs; Distributional Effects; Employment Effects

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