Journal article
On resource depletion and productivity: the case of the Chilean copper industry
Resources Policy, Volume 59, December 2018, Pages 553-562.
What does this paper find?
Estimates total factor productivity for Chilean copper mining between 1985 and 2015 using a long-run cost function with capital, labour, and energy inputs, modelling resource depletion (declining ore grades) as an exogenous, unpaid force opposing technological change. TFP fell sharply over the period, but around 15% of the measured decline is attributable to the increase in resource depletion rather than to lost efficiency.
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How do I cite this paper?
Greve, F., & Villena, M. (2018). On resource depletion and productivity: the case of the Chilean copper industry. Resources Policy, Volume 59, December 2018, Pages 553-562.
@article{greve2018resource,
title = {On resource depletion and productivity: the case of the Chilean copper industry},
author = {Greve, Fernando and Villena, Marcelo},
year = {2018},
journal = {Resources Policy},
volume = {59},
pages = {553-562},
issn = {0301-4207},
url = {https://www.fernandogreve.com/publications/resource-depletion-productivity-chilean-copper},
}