The peruvian mining boom and dutch disease. Empirical evidence from 2003 to 2020 ; El boom minero peruano y la enfermedad holandesa. Evidencia empírica del 2003 al 2020.

The aim of this paper is to verify whether Peru has suffered from Dutch disease. To do this, a VARX model with monthly data from 2003 to 2020 is used to analyze whether the mining boom prices of the 2000s and 2010s have had a negative impact on the real sector, especially on non-primary manufacturing. Results show that a real exchange rate shock explains 8.2% of the variation in non-primary manufacturing. Even though the effect is significant, it is relatively small, and this is due to the Peruvian Central Bank intervening to reduce exchange rate volatility ; El objetivo de este artículo es ve... Mehr ...