Socioeconomic Well-Being in the Face of Commodity Price Shocks: Evidence from Chile.
This paper evaluates the local effects of an economic shock, namely, the metal mining price supercycle, on individuals' socioeconomic well-being in Chilean municipalities. The empirical approach is based on the differential exposure of municipalities to the shock and the world prices of minerals. I...
| Publicado en: | Journal of Development Studies Vol. 61; no. 7; pp. 1081 - 1110 |
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| Formato: | Artículo |
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Taylor & Francis Ltd
Jul2025
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| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=186418738&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 186418738 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00220388 JDS jtl: Journal of Development Studies issn: 00220388 maglogo: N pubinfo: dt: Jul2025 vid: 61 iid: 7 pid: 377 pub: Taylor & Francis Ltd artinfo: ui: 186418738 10.1080/00220388.2025.2462025 ppf: 1081 ppct: 29 formats: fmt: – @attributes: type: T db: hlh ui: 186418738 – @attributes: type: P db: hlh ui: 186418738 tig: atl: Socioeconomic Well-Being in the Face of Commodity Price Shocks: Evidence from Chile. aug: au: Rodríguez-Puello, Gabriel affil: Centre for Entrepreneurship and Spatial Economics (CEnSE), Jönköping International Business School (JIBS), Jönköping University, Jönköping, Sweden su: Chile Prices Natural resources Socioeconomic factors Metal prices Wage increases sug: subj: Prices Natural resources Socioeconomic factors Chile Metal prices Wage increases keyword: commodity shocks natural resources Socioeconomic well-being commodity shocks natural resources Socioeconomic well-being ab: This paper evaluates the local effects of an economic shock, namely, the metal mining price supercycle, on individuals' socioeconomic well-being in Chilean municipalities. The empirical approach is based on the differential exposure of municipalities to the shock and the world prices of minerals. I use the Chilean National Socioeconomic Characterization Survey for the period 2000–2017. The paper focuses on three dimensions of socioeconomic well-being: economic well-being (wages and unemployment), human capital (schooling and the ability to read and write), and health (good health and self-assessed). The mining sector is composed predominantly of young individuals and males, therefore, I also analyze the observed heterogeneity by performing estimations focusing on youth and gender. I find that the mining price shock affects economic-related indicators such as wages and unemployment. The shock increases wages and reduces unemployment rates in mining municipalities compared to nonmining municipalities. The reduction in unemployment rates is concentrated among males. Moreover, schooling is positively affected, especially for young individuals. The shock has no significant effect on health and the estimates are precise enough to rule out large effects of the mining boom on health. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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