Template-Type: ReDIF-Article 1.0
Author-Name:  Rodney Maddock 
Author-Name:  Elkin Castano
Title:  The Welfare Impact of Rising Block Pricing: Electricity in Colombia
Classification-JEL: F0
Pages:  65-78
Volume:  Volume 12
Issue:  Number 4
Year:  1991
Abstract:  In Medellin, Colombia, electricity prices follow an unusual system of rising block prices. The stated objective of the policy is to redistribute income. In this paper we calculate the degree of redistribution achieved relative to that of a horizontal price schedule. We also calculate the efficiency cost of discrimination. The data come from a survey of over 1000 residential users of electricity.
Handle: RePEc:aen:journl:1991v12-04-a04
File-URL: http://www.iaee.org/en/publications/ejarticle.aspx?id=2068
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