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In this paper, we analyze the changes in the Chilean economy specialization patterns mainly in the period of fastest economic growth and taking into account its relative abundance of productive factors. There are three important findings in this paper that are relevant for natural resources...
Persistent link: https://www.econbiz.de/10004981635
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...
Persistent link: https://www.econbiz.de/10008616822
In this paper we use a set of methods to estimate the neutral interest rate for Chile (NRIR). We group the methods into three categories: methods derived from pure economic theory, the NRIR implicit in the price of financial assets, and the rate estimated from a statistical model using...
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The purpose of this paper is to provide a decomposition of economic growth in Chile, based on the contribution of capital, labor, and total factor productivity (TFP) and to study the determinants of TFP behavior in Chile since 1960 to date. Our results indicate that the contribution of TFP to...
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