Environmental externalities, from an economic perspective
DOI:
https://doi.org/10.56294/ere2025181Keywords:
Environment, sustainable development, environmental externalities, internalization of costs, environmental policyAbstract
Introduction: Environmental externalities represent a profoundly relevant economic phenomenon in the interaction between human activities and natural systems. Methodology: Through an argumentative approach, it argues that the internalization of these environmental costs is essential for achieving sustainable development, and proposes economic instruments and public policies to correct these distortions. Results: This article analyzes these externalities from an economic perspective, highlighting their impact on environmental degradation and their influence on the inefficient allocation of resources. It also examines the market mechanisms that generate these externalities, as well as the institutional failures that perpetuate their undervaluation. Conclusion: The correlation between the economy and the environment is addressed comprehensively, emphasizing the need for a robust regulatory framework that balances economic growth and ecological preservation.
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