Estimating Gaps and Trends for the Chilean Economy
Author : Gabriela Contreras M.
Publisher :
Page : 40 pages
File Size : 32,44 MB
Release : 2002
Category : Chile
ISBN :
The Chilean Output Gap
Author : Leandro Medina
Publisher : International Monetary Fund
Page : 16 pages
File Size : 49,18 MB
Release : 2011-01-01
Category : Business & Economics
ISBN : 145521180X
Book Description
This paper estimates the potential output (and the output gap) in Chile using several different methodologies. After a structural brake in 1998, the average growth rate of potential output in Chile declined from over 7 percent to 3-4 percent in the aggregate economy, but to less than 2 percent in the natural resource sector. The contributions to aggregate potential output growth of the natural resource sector and the non-natural resource sector are estimated, finding that the contribution to growth of the natural resource sector is non-linear-increasing during the 1990s, declining during the 2000s, and turning negative in the mid-2000s-despite the monotonic decrease in the share of natural resource output in aggregate output.
Potential Output Growth in Emerging Market Countries
Author : Mr.Jorge Roldos
Publisher : International Monetary Fund
Page : 26 pages
File Size : 21,62 MB
Release : 1997-09-01
Category : Business & Economics
ISBN : 1451947976
Book Description
This paper estimates potential output and the sources of growth in Chile during 1970-96. Actual output is cointegrated with the quality-adjusted measures of capital and labor, and constant returns to scale cannot be rejected. The estimates of potential output show a positive output gap in the years when the Chilean economy was deemed to be overheated. In 1986-90, the quality-adjusted labor variable explains close to 60 percent of the growth rate of GDP, while during 1991-95 capital formation plays a dominant role. The contribution of TFP growth in Chile is relatively small, but, based on a comparison with European and East Asian experiences, it is expected to increase in the medium term.
Estimating Potential Output in Chile
Author : Patrick Blagrave
Publisher : International Monetary Fund
Page : 32 pages
File Size : 33,94 MB
Release : 2016-10-14
Category : Business & Economics
ISBN : 1475544936
Book Description
Using a multivariate filter, we estimate potential growth rates in Chile’s mining and non-mining sectors. Estimates for the mining sector incorporate information on copper prices, whereas estimates for non-mining reflect information on inflation and unemployment rates. To better understand the drivers of potential growth, we decompose estimates into capital, labor (adjusted for human-capital and hours worked), and total-factor productivity using a production-function. Our estimates of potential output in Chile suggest that an important part of the recent growth slowdown has been structural, with potential-output growth slowing to 21⁄2 percent in recent years, although it plausibly could be higher in the medium-term.
IBSS: Economics: 2002 Vol.51
Author : Compiled by the British Library of Political and Economic Science
Publisher : Routledge
Page : 676 pages
File Size : 22,26 MB
Release : 2013-05-13
Category : Business & Economics
ISBN : 1134340028
Book Description
First published in 1952, the International Bibliography of the Social Sciences (anthropology, economics, political science, and sociology) is well established as a major bibliographic reference for students, researchers and librarians in the social sciences worldwide. Key features * Authority: Rigorous standards are applied to make the IBSS the most authoritative selective bibliography ever produced. Articles and books are selected on merit by some of the world's most expert librarians and academics. *Breadth: today the IBSS covers over 2000 journals - more than any other comparable resource. The latest monograph publications are also included. *International Coverage: the IBSS reviews scholarship published in over 30 languages, including publications from Eastern Europe and the developing world. *User friendly organization: all non-English titles are word sections. Extensive author, subject and place name indexes are provided in both English and French. Place your standing order now for the 2003 volumes of the the IBSS Anthropology: 2002 Vol.48 December 2003: 234x156: Hb: 0-415-32634-6: £195.00 Economics: 2002 Vol.51 December 2003: 234x156: Hb: 0-415-32635-4: £195.00 Political Science: 2002 Vol.51 December 2003: 234x156: Hb: 0-415-32636-2: £195.00 Sociology: 2002 Vol.52 December 2003: 234x156: Hb: 0-415-32637-0: £195.00
Assessing the Macroeconomic Impact of Structural Reforms in Chile
Author : Metodij Hadzi-Vaskov
Publisher : International Monetary Fund
Page : 25 pages
File Size : 39,32 MB
Release : 2018-12-14
Category : Business & Economics
ISBN : 1484392507
Book Description
This study investigates the likely macroeconomic impact of various structural reforms that align the Chilean regulatory framework with international best practices. In this context, the analysis: i) presents a comparison across a large set of structural indicators; ii) identifies policy gaps with respect to OECD countries; and iii) provides quantification of the likely growth and fiscal impact of policy reforms needed to close the gaps. Chile’s economy is likely to benefit from streamlining business regulation and licensing, strengthening innovation and R&D capacity, improving labor market flexibility, and enhancing active labor market policies. Overall, the study presents a scenario in which Chile closes structural gaps with OECD’s 25th percentile over five years, with up to 6 percent higher output level and a cumulative net fiscal gain of about 1⁄2 percent of GDP.
Economic Reforms in Chile
Author : R. Ffrench-Davis
Publisher : Springer
Page : 314 pages
File Size : 29,50 MB
Release : 2015-12-04
Category : Business & Economics
ISBN : 0230289657
Book Description
This book provides an in-depth analysis of neo-liberal and progressive economic reforms and policies implemented in Chile since the Pinochet dictatorship. The core thesis of the book is that there is not just 'one Chilean economic model', but that several have been in force since the coup of 1973.
General Equilibrium Models for the Chilean Economy
Author : Rómulo Chumacero Escudero
Publisher :
Page : 460 pages
File Size : 15,25 MB
Release : 2005
Category : Chile
ISBN :
Book Description
Economic Growth
Author : Norman Loayza
Publisher :
Page : 570 pages
File Size : 31,25 MB
Release : 2002
Category : Chile
ISBN :
Book Description
Chile's High Growth Economy
Author :
Publisher : World Bank Publications
Page : 260 pages
File Size : 16,95 MB
Release : 2002-01-01
Category : Business & Economics
ISBN : 9780821351086
Book Description
Chile has benefited from strong growth and well targeted social programs over recent years that have resulted in a reduction of poverty at all income levels. In analyzing the progress in poverty reduction made in Chile, the different dimensions of poverty, including income and access to social services are reviewed. This World Bank report updates information on development in Chile through a focus on the years 1994 - 1998. It has developed and applied a methodology for the estimate of the imputed income transfers from government subsidies in health, education, and housing for the years 1990, 1994, 1996, and 1998. Access to social services, demonstrated by reduced infant mortality, increased life expectancy, and housing availability, have shown significant improvements in the evaluation period. Despite this achievement, income inequality remains relatively high and unemployment, among younger and poorer workers, is a severe problem.
