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Ciclo económico y minería del cobre en Chile

Author

Listed:
  • Fuentes H., Fernando
  • García, Carlos J.

Abstract

En el presente artículo se “endogeniza” la oferta de cobre, incorporando la demanda de insumos del sector minero correspondiente a otros bienes de la economía —específicamente, bienes intermedios— y también energía, en un modelo de equilibrio general dinámico estocástico (dsge) para una muestra del período 2003-2013. La estimación del modelo revela que un aumento de un 1% del precio del cobre causa un incremento de un 0,16% en el producto interno bruto (pib) en cinco años. La principal contribución del estudio es mostrar que, si se considera al sector minero integrado al resto de la economía, en lugar de suponer —como es usual— que constituye un enclave, los efectos del precio del cobre en la economía chilena por lo menos se duplican.

Suggested Citation

  • Fuentes H., Fernando & García, Carlos J., 2016. "Ciclo económico y minería del cobre en Chile," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), April.
    • Handle: RePEc:ecr:col070:40035
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    File URL: http://repositorio.cepal.org/handle/11362/40035
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    Cited by:

    1. Medina, Juan Pablo, 2021. "Mining development and macroeconomic spillovers in Chile," Resources Policy, Elsevier, vol. 70(C).

    More about this item

    JEL classification:

    • E17 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Forecasting and Simulation: Models and Applications
    • E27 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Forecasting and Simulation: Models and Applications
    • E37 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Forecasting and Simulation: Models and Applications
    • L72 - Industrial Organization - - Industry Studies: Primary Products and Construction - - - Mining, Extraction, and Refining: Other Nonrenewable Resources

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