Commodity prices Shocks in Chile : local effects on poverty, and transmission mechanisms
Professor Advisor
dc.contributor.advisor
Álvarez Espinoza, Roberto
Author
dc.contributor.author
IlabacaTurri, Sebastián Alberto
Admission date
dc.date.accessioned
2017-10-26T22:52:48Z
Available date
dc.date.available
2017-10-26T22:52:48Z
Publication date
dc.date.issued
2016-04
Identifier
dc.identifier.uri
https://repositorio.uchile.cl/handle/2250/145385
General note
dc.description
TESIS PARA OPTAR AL GRADO DE Magister en Análisis Económico
es_ES
Abstract
dc.description.abstract
The commoditypricesshocksatthebeginningof2000'shadimportante ectsinChile,where
one ofthemostrelevantshockwasonmetal-miningproducts.Thisinvestigationexaminesthe
localeconomicimpactonpovertyofthemetal-miningcommoditypricesboomforthecountry,
and thetransmissionmechanismsofthosee ects.Weusehouseholddatabetween1998-2013to
create apaneldataatmunicipalitylevel,andexploitthedi erencesinmunicipalitiesexposure
to changeinprices.Theresultsshowsareductioninpovertyratesassociatedwiththepositive
terms oftradeshock,wherethemagnitudedependsontheexposurelevel.Countiesbelongingto
the 95thpercentileoftheexposurelevelhadonaverageapovertyreductionof1.95percentage
points(pp)duetotheshock.Wealsoexaminethelabormarketstransmissionmechanisms,
nding thattheshockgeneratesanincreaseinunskilledworkersemploymentandwages.On
average,forthelattergroupofmunicipalitiesthecommodityshockproduceanincreaseof1.07%
in unskilledmetal-miningemployment,and6.69%inunskilledworkerswages