Mining exports and sustainable development in Chile.
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,...
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| Formato: | Artículo publishedVersion |
| Lenguaje: | Español |
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UBA–FCE–CEEED / IIEP BAIRES–UBA-CONICET
2021
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| Acceso en línea: | https://ojs.economicas.uba.ar/index.php/CEEED/article/view/2110 https://repositoriouba.sisbi.uba.ar/gsdl/cgi-bin/library.cgi?a=d&c=anuario&d=2110_oai |
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| Sumario: | 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.
Ark: http://id.caicyt.gov.ar/ark:/s25458299/qray87quv |
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