Spilimbergo, Antonio - In: Journal of Economic Policy Reform 5 (2002) 2, pp. 115-126
This paper studies the links between world copper prices and the Chilean economy. The main conclusion is that world … copper prices play an important role in short-term economic fluctuations. While many mechanisms may be at work, investment … seems to play a major role. During a copper price boom, the higher copper revenues and associated capital inflows create …