IDEAS home Printed from https://ideas.repec.org/p/ewp/wpaper/318web.html
   My bibliography  Save this paper

The long run development of Chile and the Natural Resources curse. Linkages, policy and growth, 1850-1950

Author

Listed:
  • Marc Badia-Miró

    () (Facultat d'Economia i Empresa; Universitat de Barcelona (UB))

  • Cristián A. Ducoing

    ()

Abstract

This chapter analyses the effects of Natural Resources on the Chilean economy in the long run (1850 - 1950). Specifically, the authors focus their attention on the mining cycles (nitrates and copper) and their impact on the mining activity. We also compare it with the evolution of the industry and whole economy, and how this has affected the economic growth of the country. In that sense, the industrial performance in Chile at the end of the 19th century until the Great Depression is still under debate. The optimistic view of Kirsch (1977) forehead the pessimistic view of Lagos (1966) and Palma (1979). The new data and its analyses shows a neutral effect of the Natural Resources in the industrial development.

Suggested Citation

  • Marc Badia-Miró & Cristián A. Ducoing, 2014. "The long run development of Chile and the Natural Resources curse. Linkages, policy and growth, 1850-1950," UB Economics Working Papers 2014/318, Universitat de Barcelona, Facultat d'Economia i Empresa, UB Economics.
  • Handle: RePEc:ewp:wpaper:318web
    as

    Download full text from publisher

    File URL: http://www.ub.edu/ubeconomics/wp-content/uploads/2014/12/318WEB.pdf
    Download Restriction: no

    References listed on IDEAS

    as
    1. Robinson, James A. & Torvik, Ragnar & Verdier, Thierry, 2006. "Political foundations of the resource curse," Journal of Development Economics, Elsevier, vol. 79(2), pages 447-468, April.
    2. Richard H. Snape, 1977. "Effects Of Mineral Development On The Economy," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 21(3), pages 147-156, December.
    3. Williamson, Jeffrey G, 2011. "Industrial Catching Up in the Poor Periphery 1870-1975," CEPR Discussion Papers 8335, C.E.P.R. Discussion Papers.
    4. Snape, Richard H., 1977. "Effects Of Mineral Development On The Economy," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 21(3), pages 1-10, December.
    5. José Díaz & Gert Wagner, 2004. "Política Comercial: Instrumentos y Antecedentes. Chile en los Siglos XIX y XX," Documentos de Trabajo 223, Instituto de Economia. Pontificia Universidad Católica de Chile..
    6. Oecd & Nea, 2012. "Case law," Nuclear Law Bulletin, OECD Publishing, vol. 2012(1), pages 107-112.
    7. Frederick van der Ploeg, 2011. "Natural Resources: Curse or Blessing?," Journal of Economic Literature, American Economic Association, vol. 49(2), pages 366-420, June.
    8. Usui, Norio, 1997. "Dutch disease and policy adjustments to the oil boom: a comparative study of Indonesia and Mexico," Resources Policy, Elsevier, vol. 23(4), pages 151-162, December.
    9. R.G. Gregory, 1976. "Some Implications Of The Growth Of The Mineral Sector," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 20(2), pages 71-91, August.
    10. Pereira, Mauricio & De Miguel, Carlos J. & Ulloa, Andrés & O'Ryan, Raúl, 2009. "Síndrome holandés, regalías mineras y políticas de gobierno para un país dependiente de recursos naturales: el cobre en Chile," Medio Ambiente y Desarrollo 140, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    11. Roberto Álvarez E. & J. Rodrigo Fuentes S., 2006. "El “Síndrome Holandés”: Teoría y Revisión de la Experiencia Internacional," Notas de Investigación Journal Economía Chilena (The Chilean Economy), Central Bank of Chile, vol. 9(3), pages 97-108, December.
    12. Anna Carreras-Marín & Marc Badia-Miró & José Peres Cajías, 2013. "Intraregional Trade in South America, 1912-1950: The Cases of Argentina, Bolivia, Brazil, Chile and Peru," Economic History of Developing Regions, Taylor & Francis Journals, vol. 28(2), pages 1-26, December.
    13. José Díaz & Rolf Lüders & Gert Wagner, 2007. "Economía Chilena 1810-2000. Producto Total y Sectorial. Una Nueva Mirada," Documentos de Trabajo 315, Instituto de Economia. Pontificia Universidad Católica de Chile..
    14. Greasley, David & Oxley, Les, 2010. "Knowledge, natural resource abundance and economic development: Lessons from New Zealand 1861-1939," Explorations in Economic History, Elsevier, vol. 47(4), pages 443-459, October.
    15. Jose PINEDA & Francisco RODRIGUEZ, "undated". "Curse or Blessing? Natural Resources and Human Development," EcoMod2010 259600134, EcoMod.
    16. Mideksa, Torben K., 2013. "The economic impact of natural resources," Journal of Environmental Economics and Management, Elsevier, vol. 65(2), pages 277-289.
    17. Oecd, 2013. "Case law," Nuclear Law Bulletin, OECD Publishing, vol. 2012(2), pages 101-114.
    18. van Wijnbergen, Sweder J G, 1984. "The 'Dutch Disease': A Disease after All?," Economic Journal, Royal Economic Society, vol. 94(373), pages 41-55, March.
    19. Simon Ville & Olav Wicken, 2013. "The dynamics of resource-based economic development: evidence from Australia and Norway," Industrial and Corporate Change, Oxford University Press, vol. 22(5), pages 1341-1371, October.
    20. David, Paul A & Wright, Gavin, 1997. "Increasing Returns and the Genesis of American Resource Abundance," Industrial and Corporate Change, Oxford University Press, vol. 6(2), pages 203-245, March.
    21. Davis, Graham A., 1995. "Learning to love the Dutch disease: Evidence from the mineral economies," World Development, Elsevier, vol. 23(10), pages 1765-1779, October.
    22. Richard M. Auty, 1997. "Natural Resource Endowment, The State And Development Strategy," Journal of International Development, John Wiley & Sons, Ltd., vol. 9(4), pages 651-663.
    23. Richard Sicotte & Catalina Vizcarra & Kirsten Wandschneider, 2009. "The fiscal impact of the War of the Pacific," Cliometrica, Journal of Historical Economics and Econometric History, Association Française de Cliométrie (AFC), vol. 3(2), pages 97-121, June.
    24. Corden, W Max & Neary, J Peter, 1982. "Booming Sector and De-Industrialisation in a Small Open Economy," Economic Journal, Royal Economic Society, vol. 92(368), pages 825-848, December.
    25. Rolf Lüders & Gert Wagner, 2003. "Export Tariff, Welfare and Public Finance: Nitrates from 1880 to 1930," Documentos de Trabajo 241, Instituto de Economia. Pontificia Universidad Católica de Chile..
    26. Jeffrey G. Williamson, 2011. "Industrial Catching Up in the Poor Periphery 1870-1975," NBER Working Papers 16809, National Bureau of Economic Research, Inc.
    27. Sachs, Jeffrey D. & Warner, Andrew M., 2001. "The curse of natural resources," European Economic Review, Elsevier, vol. 45(4-6), pages 827-838, May.
    28. Mikesell, Raymond F, 1997. "Explaining the resource curse, with special reference to mineral-exporting countries," Resources Policy, Elsevier, vol. 23(4), pages 191-199, December.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. repec:gam:jsusta:v:10:y:2018:i:4:p:965-:d:138129 is not listed on IDEAS

    More about this item

    Keywords

    Natural Resources; Dutch Disease; Chile; Industrialization.;

    JEL classification:

    • N56 - Economic History - - Agriculture, Natural Resources, Environment and Extractive Industries - - - Latin America; Caribbean
    • Q33 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Resource Booms (Dutch Disease)
    • Q37 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Issues in International Trade

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ewp:wpaper:318web. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (UB Economics). General contact details of provider: http://edirc.repec.org/data/feubaes.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.