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The Impact of Nitrates on the Chilean Economy, 1880–1930

In: The First Export Era Revisited

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  • Marc Badia-Miró

    (Institucions, Política i Economia Mundial, Universitat de Barcelona—School of Economics
    Centre d’Estudis “Antoni de Capmany” d’Economia i Història Econòmica
    Barcelona Economic Analysis Team)

  • José Díaz-Bahamonde

    (Instituto de Economía y EH Clio Lab, Pontificia Universidad Católica de Chile)

Abstract

This chapter explores the effects of nitrate exports on the Chilean economy between 1880 and 1930. Main features of the saltpeter industry are presented and combining quantitative and qualitative means the contribution of nitrate exports to the Chilean economic performance is evaluated. Specifically, the chapter examines the direct contribution to economic growth, the value of export returns, the ability to import, the impact on external economies and the effect on productive linkages.

Suggested Citation

  • Marc Badia-Miró & José Díaz-Bahamonde, 2017. "The Impact of Nitrates on the Chilean Economy, 1880–1930," Palgrave Studies in Economic History, in: Sandra Kuntz-Ficker (ed.), The First Export Era Revisited, chapter 5, pages 151-188, Palgrave Macmillan.
    • Handle: RePEc:pal:palscp:978-3-319-62340-5_5
    DOI: 10.1007/978-3-319-62340-5_5
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    Cited by:

    1. Andrea Forero & Francisco Gallego & Felipe González & Matías Tapia, 2020. "Railroads, specialization, and population growth in small open economies: Evidence from the First Globalization," Documentos de Trabajo 548, Instituto de Economia. Pontificia Universidad Católica de Chile..
    2. Andrés Forero & Francisco A. Gallego & Felipe González & Matías Tapia, 2021. "Railroads, specialization, and population growth: evidence from the first globalization," Journal of Population Economics, Springer;European Society for Population Economics, vol. 34(3), pages 1027-1072, July.

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