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Mining Spillovers in Chile

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  • Mrs. Esther Perez Ruiz

Abstract

Chile’s small open economy with significant mismatch between the production and consumption baskets may be represented by three stylized sectors, a commodity sector, a non-commodity tradable sector, and a non-tradable sector. This paper estimates the effect of copper price shocks on mining, manufacturing, and construction—each embodying a sector type. The empirical findings are for positive spillovers from mining to the other two sectors. However, the estimated size of the spillovers seems modest, which raises the question of the potential for mining to be better integrated with the rest of the economy.

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  • Mrs. Esther Perez Ruiz, 2017. "Mining Spillovers in Chile," IMF Working Papers 2017/177, International Monetary Fund.
    • Handle: RePEc:imf:imfwpa:2017/177
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    References listed on IDEAS

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    7. Patrick Blagrave & Marika Santoro, 2016. "Estimating Potential Output in Chile: A Multivariate Filter for Mining and Non-Mining Sectors," IMF Working Papers 2016/201, International Monetary Fund.
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    Cited by:

    1. Anke Mönnig & Loreto Bieritz, 2019. "Copper Forecasting Chile – COFORCE Methodology Report," GWS Discussion Paper Series 19-3, GWS - Institute of Economic Structures Research.

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