Good deposits are not enough: Mining labor productivity analysis in the copper industry in Chile and Peru 1992–2009

Chile and Peru produce almost 45% of world’s mine copper output. This situation reflects their natural endowment and mining tradition, but is also the result of development processes undertaken over the last decades. As a result, both countries multiplied its mine copper production in more than 3 times in the last 20 years. Mining labor productivity played a central role achieving these amazing growth rates. Although there is a consensus about the relevance of this variable for the mining industry, the specific factors behind labor productivity changes are not completely understood.