This paper analyzes the evolution of firm productivity in the Chilean manufacturing industry, during the post trade reform period (1979-1994). Changes in productivity for each sector are defined as technological changes and variation in technical efficiency. The econometric technique applied is...

Existe abundante evidencia empirica relacionando la cooperacion con la innovacion tecnologica, pero con escaza atencion sobre las no-tecnologicas (Fagerberg, Mowery, & Nelson, 2006) (Rouvenen, 2002; Conte, 2009; Cemil & Brouwer, 2012; Franco; Marzucchi & Monttresor, 2014). Nosotros estudiamos el rol de las...

The effects of monetary policy depend significantly on the capacity of the Central Bank to affect market interest rates by managing liquidity. Therefore, it comes out as an important issue to determine the degree of flexibility of lending and deposit rates to changes in policy rates. In this...