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La importancia del sector minero para el desarrollo de la economía chilena: la evolución de sus campos de influencia

Author

Listed:
  • Soza-Amigo, Sergio

    (Universidad Austral de Chile)

  • Fuders, Felix

    (Universidad Austral de Chile)

  • Aroca, Patricio

    (Centro de Economía y Política Regional (CEPR), Escuela de Negocios de la Universidad Adolfo Ibáñez, y Centro de Estudios de Conflicto y Cohesión Social (Coes))

Abstract

This study analyzes how the Chilean economy has evolved, and, in particular, the importance of the copper mining sector in this process. Input-output modeling is used to measure sensitivities and structural changes in production. The information used comes from the Organisation for Economic Co-operation and Development (OECD) and covers an 11-year horizon (from 2005 to 2015). The study reveals the importance that copper has on the development of the Chilean economy. It arises in the relationship changes in the supply and demand of inputs made by this activity. Additionally, the results show a weakening in the sensitivities regarding the relations of the manufacturing industry. This effect is known in the input-output literature as “hollowing-out”. A decay of the complexity of the industry’s linkages implies a reduction in the sensitivity of direct, indirect, and total links with the rest of the productive system. It also means increasing dependence on the rest of the world on input providers.

Suggested Citation

  • Soza-Amigo, Sergio & Fuders, Felix & Aroca, Patricio, 2021. "La importancia del sector minero para el desarrollo de la economía chilena: la evolución de sus campos de influencia," El Trimestre Económico, Fondo de Cultura Económica, vol. 88(351), pages 831-870, julio-sep.
    • Handle: RePEc:elt:journl:v:88:y:2021:i:351:p:831-870
    DOI: https://doi.org/10.20430/ete.v88i351.1216
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    More about this item

    Keywords

    Input-output matrix; fields of influence; economic development; hollowing-out.;
    All these keywords.

    JEL classification:

    • C60 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - General
    • C67 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Input-Output Models
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • P50 - Political Economy and Comparative Economic Systems - - Comparative Economic Systems - - - General
    • Z00 - Other Special Topics - - General - - - General

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