Value and quality creation: natural resources industrialization and standards of living in Peru 1950 to 1997

• Autores: Roca, Santiago, Simabuko, Luis
• Formato: artículo
• Fecha de Publicación: 1999
• Institución: Universidad ESAN
• Repositorio: ESAN-Institucional
• Lenguaje: inglés
• OAI Identifier: oai:repositorio.esan.edu.pe:20.500.12640/1949
• Enlace del recurso: https://revistas.esan.edu.pe/index.php/jefas/article/view/460; https://hdl.handle.net/20.500.12640/1949; https://doi.org/10.46631/jefas.1999.n9-10.05
• Nivel de acceso: acceso abierto
• Materia: Economic aspects; Life conditions; Economic sectors; Aspectos económicos; Condiciones de vida; Sectores económicos; https://purl.org/pe-repo/ocde/ford#5.02.04

One of the most current Issues in the economic debate is that of the productive vocation of the country: to achieve development based on the exploitation of natural resources or industrialization; however the basis of the chosen option is usually more theoretical than empirical. This work seeks to establish the relationships between “primarization” industrialization and living standards in Peru between 1950 and 1997 based on the available economic information. Its main conclusion is that in that period in Peru there was an inverse relationship between the “primarization” of economic activities and the standard of living or income of the population. For each additional point of participation in extractive or primary activities per capita consumption worsened by 2.6% salaries by 5.4% and salaries by 7.4%. On the contrary for each additional percentage point of the manufacturing sector per capita consumption increased by 4.2% salaries by 10.6% and wages by 15.5%.