How does trade composition affect productivity? Evidence for Chile
This article examines the long-run impact of capital goods imports, intermediate goods imports, and exports of manufactured and primary goods on total factor productivity in Chile. Using cointegration techniques, we find productivity-enhancing effects of capital and intermediate goods imports as well as manufactured exports, and productivity-limiting effects of primary exports.
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Volume (Year): 14 (2007)
Issue (Month): 12 ()
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