Starting in the mid 1970s, Chile implemented comprehensive structural market reforms. Using manufacturing plant-level data on Chilean firms for years 1980 to 2001, we estimate the role of reforms on efficiency. We analyze aggregate productivity constructed from micro data to find that in the...

Starting in the mid 1970s, Chile implemented comprehensive structural market reforms. Using manufacturing plant-level data on Chilean firms for years 1980 to 2001, we estimate the role of reforms on efficiency. We analyze aggregate productivity constructed from micro data to find that in the...

En este trabajo se estudia, mediante tecnicas de series de tiempo, si las fluctuaciones del tipo de cambio real son consistentes con la proposicion de la paridad del poder de compra. El analisis demuestra que, usando informacion anual de Chile para 1960-90, el tipo de cambio efectivamente...