Despite the increasing interest in the use of emissions trading for pollution control, empirical evidence reduces to a few experiences in the US. This paper studies the “"emission-offsets trading program”" established since 1992 to control particulate in Santiago-Chile. While the program is...

Heavy outdoor pollution is found in developing country cities such as Jakarta, Katowice, Mexico City, and Santiago. But most epidemiological studies of dose-response relationships between particulate air pollution (PM10) and premature deaths are from Western industrial nations. This study of...

The authors estimate dose-response functions for respiratory disease among children based on data from public clinics in Santiago. They find that respiratory disease among Santiago s children is significantly affected by air pollution, measured as PM10 (small dust particles). The effect, for...

During the last two decades, the Chilean banking industry has experienced a high concentration due to several mergers between its institutions. Among the reasons ar- gued for these consolidations, a potential for substantial gains in e¢ ciency is claimed. Recent studies suggest that the Chilean...

Tradable Permits – a Market-Based Allocation System for the Environment. Tradable Permits and Other Environmental Policy Instruments – Killing one Bird with two Stones. Tradable Permits – Ten Key Design Issues. Tradable Permits with Imperfect Monitoring. Emissions Trading with Greenhouse...