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The impact of exports on growth in Chile

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  • Ffrench-Davis, Ricardo

Abstract

Dynamic export growth has been a distinctive feature of the Chilean economy over the last quarter of a century.This strong performance,however,has been accompanied by only modest average growth in GDP.Whilst export volumes rose by 10%a year between 1974 and 2001,GDP growth was only 4.3%.Furthermore,whereas export growth was steady, GDP fluctuated greatly,with several episodes of 8%to 10% growth but also deep recessions of 14%or 15%.Here we shall look at the similarities and differences among three episodes (1973-1982,1983-1989 and 1990-1999);,analyse the interrelationship among export quality,the macroeconomic environment and overall growth in Chile, and touch on some challenges for the future.

Suggested Citation

  • Ffrench-Davis, Ricardo, 2002. "The impact of exports on growth in Chile," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), April.
    • Handle: RePEc:ecr:col070:10869
    Note: Includes bibliography
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    1. Moguillansky, Graciela & Titelman Kardonsky, Daniel, 1993. "Análisis empírico del comportamiento de las exportaciones no cobre en Chile: 1963-1990," Series Históricas 9593, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    2. Moguillansky, Graciela, 1999. "La inversión en Chile: ¿el fin de un ciclo de expansión?," Copublicaciones, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 2084 edited by Cepal.
    3. Macario, Carla, 2000. "Chile: in search of a new export drive," Copublicaciones, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 1644.
    4. Agosin, Manuel R., 2001. "Reformas comerciales, exportaciones y crecimiento," Sede de la CEPAL en Santiago (Estudios e Investigaciones) 31736, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    5. Macario, Carla, 2000. "Export growth in Latin America: policies and performance," Copublicaciones, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 1642 edited by Lynne Rienner Publishers.
    6. Zahler, Roberto, 1998. "The Central Bank and Chilean macroeconomic policy in the 1990s," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), April.
    7. Agosin, Manuel R., 1999. "Trade and growth in Chile," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), August.
    8. Juan Eduardo Coeymans, 1999. "Determinantes de la Productividad en Chile: 1961-1997," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 36(107), pages 597-637.
    9. -, 2001. "Foreign Investment in Latin America and the Caribbean 2000," La Inversión Extranjera Directa en América Latina y el Caribe, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 1157 edited by Eclac, September.
    10. Benavente Escartin, José Miguel, 2001. "Exportaciones de manufacturas de América Latina: ¿desarme unilateral o integración regional?," Macroeconomía del Desarrollo 5394, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
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    1. -, 2014. "International trade and inclusive development: Building synergies," Libros y Documentos Institucionales, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 37040 edited by Eclac.
    2. Trofimov, Ivan D., 2018. "Income terms of trade and economic convergence: Evidence from Latin America," MPRA Paper 87598, University Library of Munich, Germany.
    3. -, 2014. "International trade and inclusive development: Building synergies," Colección "La hora de la Igualdad", Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 37040 edited by Eclac, September.
    4. Alvarez E., Roberto, 2004. "The export performance of Chilean firms: some stylized facts," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), August.

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