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Temporary Increases in Tariffs and Investment: The Chilean Experience

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  • Kasahara, Hiroyuki

Abstract

This article develops a structural dynamic programming model of investment and estimates the model using panel data on Chilean manufacturing plants for 19801983 at a substantially faster rate had there been no temporary increase in import prices associated with higher tariffs in the mid-1980s.

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File URL: http://pubs.amstat.org/doi/abs/10.1198/jbes.2009.0009
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Bibliographic Info

Article provided by American Statistical Association in its journal Journal of Business and Economic Statistics.

Volume (Year): 27 (2009)
Issue (Month): ()
Pages: 113-127
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Handle: RePEc:bes:jnlbes:v:27:y:2009:p:113-127

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Cited by:
  1. Chang-Tai Hsieh & Jonathan A. Parker, 2007. "Taxes and Growth in a Financially Underdevelopped Country: Evidence from the Chilean Investment Boom," Journal of LACEA Economia, LACEA - LATIN AMERICAN AND CARIBBEAN ECONOMIC ASSOCIATION.
  2. Victor Aguirregabiria, 2006. "Another Look at the Identification of Dynamic Discrete Decision Processes: With an Application to Retirement Behavior," 2006 Meeting Papers 169, Society for Economic Dynamics.
  3. Victor Aguirregabiria, 2005. "Another Look at the Identification of Dynamic Discrete Decision Processes," Econometrics 0504006, EconWPA.

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