Boom city! Regional resource peripheries and urban economic development in Chile

J Rehner, WE Murray, S Rodriguez… - Area Development and …, 2020 - Taylor & Francis
Area Development and Policy, 2020Taylor & Francis
Although most studies of resource peripheries are macroeconomic in scale, a regional
perspective permits a better understanding of the economic implications of commodity
dependence. This study of the boom in commodity exports in Chile in the period 2005–15
shows that while a boom may have adverse effects on other activities, it also had positive
impacts on the demand for 'non-tradable'construction, commerce and hospitality services in
urban areas through the investment of economic rents and expansion of the secondary …
Abstract
Although most studies of resource peripheries are macroeconomic in scale, a regional perspective permits a better understanding of the economic implications of commodity dependence. This study of the boom in commodity exports in Chile in the period 2005–15 shows that while a boom may have adverse effects on other activities, it also had positive impacts on the demand for ‘non-tradable’ construction, commerce and hospitality services in urban areas through the investment of economic rents and expansion of the secondary circuit of capital. These impacts differed significantly between booming and non-booming cities, leading to a call for rescaling, spatializing and temporalizing research on resource peripheries.
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