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Productividad Sectorial en Chile: 1986-2001

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Author Info
Rodrigo Vergara
Rosario Rivero

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Abstract

The purpose of this paper is to estimate total factor productivity growth by sector of activity for the Chilean economy in 1986-2001. The main problem that we face is the lack of data on the stock of capital by sector for the whole period. We design a methodology to generate capital stock series by sector. After adjusting the generated series on the stock of capital by an utilization factor and the employment series by their relative quality, we estimate TFP by sector. Our results indicate that the sector with the largest productivity increase in this period has been commerce. Our results match evidence from other countries where it has been found that the sectors with the largest increase in productivity are those sectors that use intensively information technology.

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File URL: http://www.economia.puc.cl/index/download.asp?id_publicacion=1439
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Publisher Info
Article provided by Instituto de Economía. Pontificia Universidad Católica de Chile. in its journal Cuadernos de Economía.

Volume (Year): 43 (2006)
Issue (Month): 127 ()
Pages: 143-168
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Handle: RePEc:ioe:cuadec:v:43:y:2006:i:127:p:143-168

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Related research
Keywords: Productivity; Activity Sectors; Growth.;

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Find related papers by JEL classification:
O41 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - One, Two, and Multisector Growth Models
O47 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Measurement of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

References listed on IDEAS
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  1. William Easterly & Ross Levine, 2002. "It's Not Factor Accumulation: Stylized Facts and Growth Models," Working Papers Central Bank of Chile 164, Central Bank of Chile. [Downloadable!]
  2. Susanto Basu & John G. Fernald & Nicholas Oulton & Sylaja Srinivasan, 2003. "The case of the missing productivity growth: or, does information technology explain why productivity accelerated in the United States but not the United Kingdom?," Working Paper Series WP-03-08, Federal Reserve Bank of Chicago. [Downloadable!]
    Other versions:
  3. Dale W. Jorgenson & Kevin J. Stiroh, 2000. "Raising the Speed Limit: U.S. Economic Growth in the Information Age," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 31(2000-1), pages 125-236. [Downloadable!]
    Other versions:
  4. Rómulo A. Chumacero & J. Rodrigo Fuentes, 2002. "On the determinants of the Chilean Economic Growth," Working Papers Central Bank of Chile 134, Central Bank of Chile. [Downloadable!]
  5. Raphael Bergoeing & Patrick J. Kehoe & Timothy J. Kehoe & Raimundo Soto, 2002. "A Decade Lost and Found: Mexico and Chile in the 1980s," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 5(1), pages 166-205, January. [Downloadable!] (restricted)
    Other versions:
  6. Harald Beyer B. & Rodrigo Vergara M., 2002. "Productivity and Economic Growth: the Case of Chile," Working Papers Central Bank of Chile 174, Central Bank of Chile. [Downloadable!]
  7. Rodrigo Fuentes, 1995. "Openness and economic efficiency: evidence from the Chilean manufacturing industry," Estudios de Economia, University of Chile, Department of Economics, vol. 22(2 Year 19), pages 357-387, December. [Downloadable!]
  8. Alexis Camhi & Eduardo Engel & Alejandro Micco, 1997. "Dinámica de empleo y productividad en manufactura: Evidencia micro y consecuencias macro," Documentos de Trabajo 19, Centro de Economía Aplicada, Universidad de Chile.
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