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Un siglo de expansión y divergencia: Inversión en maquinaria en una economía periférica Chile 1830 – 1938
Umeå University, Faculty of Social Sciences, Department of Geography and Economic History.ORCID iD: 0000-0002-0970-0850
2016 (Spanish)In: Perfiles Económicos, ISSN ISSN 0719-756X, Vol. 1, no 1, 43-81 p.Article in journal (Refereed) Published
Abstract [en]

The economic development of Chile represents an interesting case of divergence and convergence with developed countries. In the late nineteenth century, its GDP per ca-pita was comparable with some countries of the European periphery and far exceeded the current developed countries of South East Asia. However, after the First World War and particularly in the years following the Great Depression, Chile began to show clear signs of exhaustion of its growth model. This article, using quantitative series of physical capital in machinery of recent works (doctoral theses, articles and book chapters) plus primary sources, the influence of physical capital formation in machi-nery is analyzed and their relationship with the divergence of Chile with the group of advanced countries. Additionally, this article presents a sectoral analysis of investment in machinery for the main productive sectors.

Abstract [es]

El desarrollo económico de Chile representa un interesante caso de divergencia y convergencia con los países desarrollados. A finales del siglo XIX su PIB per cápita era comparable con el de la periferia Europea y superaba con creces lo de actuales países desarrollados del sudoeste asiático. No obstante, después de la Primera Guerra Mundial y particularmente en los años posteriores a la Gran Depresión, Chile comenzó a mostrar claro signos de agotamiento de su modelo de crecimiento. El presente artí- culo, utilizando el trabajo cuantitativo y de elaboración de series de capital físico en maquinaria de recientes trabajos (tesis doctorales, artículos y capítulos de libros) más fuentes primarias, analiza la influencia de la formación de capital físico en maquinaria y su relación con la divergencia de Chile con el grupo de países avanzados. Además, se presenta un análisis

Place, publisher, year, edition, pages
Valparaiso: Ediciones Universitarias de Valparaiso, 2016. Vol. 1, no 1, 43-81 p.
Keyword [en]
Chile, Latin America, Gross Capital Formation, Machinery & Equipment, Divergence
National Category
Economic History
Research subject
Economic History
URN: urn:nbn:se:umu:diva-122634OAI: diva2:940615
Available from: 2016-06-21 Created: 2016-06-20 Last updated: 2016-10-19

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Ducoing Ruiz, Cristián
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