We evaluate the performance of an environmental market in a less developed country on the basis of the experiences of the particulate matter control program of Santiago, Chile. We find that grandfathering the permits has created economic incentives for incumbent sources to more readily declare...

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...

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...

Over the last 12 years, Chile has been very successful in attracting private participation in the provision of public infrastructure. Private capital has gone into road infrastructure, ports, and airports all over the country in the form of concessions. The aim of the 1991 Concession Law and...

Environmental management has benefits, not just costs, and analysis can help focus efforts to get more benefits out of each dollar. Among children in Santiago, Chile, reduced concentrations of small dust particles (PM10) will reduce a range of symptoms, from coughs to bronchitis.Ostro, Eskeland,...

The relationship between particulate air pollution and premature death in Santiago, Chile is found to be very similar to results from industrial countries.Heavy outdoor pollution is found in developing country cities such as Jakarta, Katowice, Mexico City, and Santiago. But most epidemiological...