Sub-national economic effects of the resources sector in Chile

Research output: Contribution to journalArticlepeer-review

Abstract

The significant contributions of resource sectors to national economies are well known; however, information on sub-national impacts is much scarcer. Using Chile as a case study, this paper investigates how disturbances in the price of copper impact the economies where this mineral is produced. The proposed method combines estimates of long-term copper prices with a general equilibrium model to simulate the differential effects of copper price variations. The results suggest that price variations affect the design and implementation of public and private policies, at economic and business levels.

Original languageEnglish
Pages (from-to)141-153
Number of pages13
JournalJournal of Applied Economics
Volume24
Issue number1
DOIs
StatePublished - 2021
Externally publishedYes

Keywords

  • Chile
  • Prices
  • regional economies
  • resources sector

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