Exportaciones mineras y desarrollo sustentable en Chile: Una visión de largo plazo (1850 – 2020)

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Sammanfattning

Traditional economic growth measures have not taken into account the negative externalities of productive activities. In this context, the so-called natural resource curse should be redefined beyond positive, negative, slow or fast growth rates. This article, using the case of Chile as a reference, estimates the effect of mining exports on two fundamental indicators of economic development: the formation of human capital and investment in productive infrastructure, either through investment in non-residential construction or of machinery and equipment. Using a time series analysis, it is analysed whether mineral export trends were re-invested in physical and human capital. The results of this exercise show that Chile used its mining income mainly in consumption and repayment of investments abroad, mortgaging its sustainable development.
Bidragets översatta titel Mining exports and sustainable development in Chile: A long-term approach (1850 - 2020)
Originalspråkspanska
Sidor (från-till)295-323
TidskriftAnuario Centro de Estudios Económicos de la Empresa y el Desarrollo
Utgåva16
StatusPublished - 2021 dec.

Ämnesklassifikation (UKÄ)

  • Ekonomisk historia

Nyckelord

  • Mining exports
  • sustainability
  • capital
  • Genuine Savings

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