The Impact of Nitrates on the Chilean Economy, 1880-1930
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Date
2017
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Abstract
This chapter explores the effects of nitrate exports on the Chilean economy between 1880 and 1930. Main features of the saltpeter industry are presented and combining quantitative and qualitative means the contribution of nitrate exports to the Chilean economic performance is evaluated. Specifically, the chapter examines the direct contribution to economic growth, the value of export returns, the ability to import, the impact on external economies and the effect on productive linkages.