Direct economic return to government of public geoscience information investments in Chile

Martin Gildemeister, J. Joaquín Jara, Gustavo Lagos, Carlos Marquardt and Felipe Espinoza

Resources Policy, 2018, vol. 55, issue C, 152-162

Abstract: This article presents the first attempt to evaluate the direct economic return of the provision of public geoscience information in Chile. To achieve this goal the study uses multiplier effect ratios through the value chain of PGI and a probabilistic discounted cash flow model to evaluate the economic returns of different scenarios for the ongoing governmental program mandated to generate country-scale geological information, named the National Geological Program.

Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:eee:jrpoli:v:55:y:2018:i:c:p:152-162

DOI: 10.1016/j.resourpol.2017.11.013

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