End of the Supercycle and Growth of Commodity Producers : The Case of Chile

The Case of Chile

End of the Supercycle and Growth of Commodity Producers : The Case of Chile
This paper estimates the effect of copper prices on Chile's growth at various time horizons. We find that a price decline is likely to have a durable (although not permanent) effect on GDP growth: while the impact is the strongest in the first 3 years after the shock, the transition towards the new lower steady-state GDP level generally takes... READ MORE...

Publication date: November 2015
ISBN 9781513531557
$18.00

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