Fernando M. Arag?n; Rud, Juan Pablo - In: American Economic Journal: Economic Policy 5 (2013) 2, pp. 1-25
This paper examines the local economic impact of Yanacocha, a large gold mine in Northern Peru. Using annual household data from 1997 to 2006, we find evidence of a positive effect of the mine?s demand for local inputs on real income. The effects are only present in the supply market and...