ABSTRACT

The significant contributions of resource sectors to national economies are well known; however, information on sub-national impacts is much scarcer. Using Chile as a case study, this paper investigates how disturbances in the price of copper impact the economies where this mineral is produced. The proposed method combines estimates of long-term copper prices with a general equilibrium model to simulate the differential effects of copper price variations. The results suggest that price variations affect the design and implementation of public and private policies, at economic and business levels.

中文翻译：

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智利资源部门对地方经济的影响

摘要

资源部门对国民经济的重大贡献是众所周知的；但是，关于次国家影响的信息却很少。本文以智利为例，研究了铜价的波动如何影响这种矿产的经济。所提出的方法将长期铜价的估计值与一般均衡模型相结合，以模拟铜价变化的差异影响。结果表明，价格变化会影响经济和商业层面的公共和私人政策的设计和实施。