The purpose of this paper is to analyze the productivity experience of Chile over the last four decades. The major determinants of productivity growth are identified and, given this context, the country’s strengths and weaknesses are assessed with regard to the factors behind productivity growth. Productivity growth has been very volatile over this period and it is highly correlated with the business cycle. To resume the process of high economic growth, Chile needs to make reforms in those areas that have a significant impact on productivity and in which the country is currently weaker in relative terms.
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Paper provided by Instituto de Economía. Pontificia Universidad Católica de Chile. in its series Documentos de Trabajo with number
296.
Length: Date of creation: 2005 Date of revision: Publication status: Published as "Productividad en Chile: Determinantes y Desempeño", Estudios Públicos Nº 99, Invierno 2005. Handle: RePEc:ioe:doctra:296
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