Industry

Storyboard

In general, an decrease in value added per industry is shown as GDP per capita increases. Consequently, there is a lesser workforce dedicated to these activities:

- Ratio fraction of GDP of industry as a function of GDP per capita

- Ratio fraction of labor in industry as a function of GDP per capita

This is confirmed for the case of Chile in the following curves.

- Ratio fraction of GDP of industry

- Ratio fraction of labor in industry

- Ratio fraction of GDP of natural resources

- Energy use (kg of oil equivalent per capita)

The manufacture itself can be detailed as follows:

- Ratio fraction of GDP of manufaturing

- Food, beverages and tobacco (% of value added in manufacturing)

- Machinery and transport equipment (% of value added in manufacturing)

- Chemicals (% of value added in manufacturing)

- Textiles and clothing (% of value added in manufacturing)

- Other manufacturing (% of value added in manufacturing)

>Model

ID:(26, 0)



Ratio fraction of GDP of industry as a function of GDP per capita

Php

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The fraction of GDP that is generated in the GDP_i industry decreces as a function of the power of the per capita GDP gdp

GDP_ipropto displaystylefrac{1}{gdp^{0.1}}

what is observed in the following curve:

ID:(58, 0)



Ratio fraction of labor in industry as a function of GDP per capita

Php

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The fraction of the labor force dedicated to industry L_i grows according to a power of GDP per capita gdp

L_spropto gdp^{0.05}

what is observed in the following curve:

ID:(59, 0)



Ratio fraction of GDP of industry by country

Php

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The fraction of GDP that is generated in agriculture GDP_a for Chile decreases in the time of values around 10% to less than 4%. It decreases similarly to the average value of economies of similar GDP per capita (5% variation range of GDP per capita) without showing the anomaly around the years 2006 to 2010:

ID:(60, 0)