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

Ducoing, Cristian LU (2021) In Anuario Centro de Estudios Económicos de la Empresa y el Desarrollo p.295-323
Abstract
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... (More)
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. (Less)
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author
organization
alternative title
Mining exports and sustainable development in Chile : A long-term approach (1850 - 2020)
publishing date
type
Contribution to journal
publication status
published
subject
keywords
Mining exports, Sustainability, Genuine Savings, Chile, Mining exports, sustainability, capital, Genuine Savings
in
Anuario Centro de Estudios Económicos de la Empresa y el Desarrollo
issue
16
pages
295 - 323
ISSN
1852-5784
project
Sustainable development, Fiscal policy and Natural resources management. Bolivia, Chile and Peru in the Nordic countries’ mirror
Genuine Savings as a measure of sustainable development. Towards a GDP replacement.
language
Spanish
LU publication?
yes
id
931bf03e-a29e-4c4b-bd22-36ade87dbe41
alternative location
http://ojs.econ.uba.ar/index.php/CEEED/article/view/2110
date added to LUP
2021-10-25 13:35:47
date last changed
2021-12-07 14:08:55
@article{931bf03e-a29e-4c4b-bd22-36ade87dbe41,
  abstract     = {{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.}},
  author       = {{Ducoing, Cristian}},
  issn         = {{1852-5784}},
  keywords     = {{Mining exports; Sustainability; Genuine Savings; Chile; Mining exports; sustainability; capital; Genuine Savings}},
  language     = {{spa}},
  number       = {{16}},
  pages        = {{295--323}},
  series       = {{Anuario Centro de Estudios Económicos de la Empresa y el Desarrollo}},
  title        = {{Exportaciones mineras y desarrollo sustentable en Chile : Una visión de largo plazo (1850 – 2020)}},
  url          = {{http://ojs.econ.uba.ar/index.php/CEEED/article/view/2110}},
  year         = {{2021}},
}