IDEAS home Printed from https://ideas.repec.org/p/idb/brikps/1124.html

The Political Economy of Productivity: The Case of Chile

Author

Listed:
  • Navia, Patricio
  • Eyzaguirre, Nicolás
  • Olivari, Jocelyn
  • Briones, Ignacio
  • Benavente, José Miguel
  • Aninat, Cristóbal

Abstract

This paper analyzes the political economy of productivity-related policymaking in Chile following a political transaction cost model (Spiller and Tommasi, 2003; Murillo et al., 2008). The main findings indicate that i) the Chilean policymaking process (PMP) was successful in the 1990s in implementing productivityenhancing policies, but as the country moved to a higher stage of development, the PMP grew less adept at generating the more complex set of policies needed to increase productivity at this stage; and ii) the Chilean PMP is less transparent than previously thought (Aninat et al., 2008), thus allowing political actors to favor private interests without being punished by the electorate. This has become apparent as the more sophisticated reforms needed at this stage of development require a deeper and more consolidated democracy.

Suggested Citation

  • Navia, Patricio & Eyzaguirre, Nicolás & Olivari, Jocelyn & Briones, Ignacio & Benavente, José Miguel & Aninat, Cristóbal, 2010. "The Political Economy of Productivity: The Case of Chile," IDB Publications (Working Papers) 1124, Inter-American Development Bank.
    • Handle: RePEc:idb:brikps:1124
    as

    Download full text from publisher

    File URL: https://publications.iadb.org/publications/english/document/The-Political-Economy-of-Productivity-The-Case-of-Chile.pdf
    Download Restriction: no
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Pablo T. Spiller & Ernesto H. Stein & Mariano Tommasi & Carlos Scartascini & Lee J. Alston & Marcus André Melo & Bernardo Mueller & Carlos Pereira & Cristóbal Aninat & John Londregan & Patricio Navia , 2008. "Policymaking in Latin America: How Politics Shapes Policies," IDB Publications (Books), Inter-American Development Bank, number 40178 edited by Ernesto H. Stein & Mariano Tommasi & Pablo T. Spiller & Carlos Scartascini, February.
    2. Pablo T. Spiller, 2003. "The Institutional Foundations of Public Policy: A Transactions Approach with Application to Argentina," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 19(2), pages 281-306, October.
    3. repec:idb:brikps:40178 is not listed on IDEAS
    4. Mariano Tommasi & Pablo T. Spiller & Ernesto Stein, 2003. "Political Institutions, Policymaking Processes, and Policy Outcomes. An Intertemporal Transactions Framework," Working Papers 59, Universidad de San Andres, Departamento de Economia, revised Jul 2003.
    5. Spiller, Pablo T. & Stein, Ernesto H. & Tommasi, Mariano & Scartascini, Carlos & Alston, Lee J. & Melo, Marcus André & Mueller, Bernardo & Pereira, Carlos & Aninat, Cristóbal & Londregan, John & Navia, 2008. "Policymaking in Latin America: How Politics Shapes Policies," IDB Publications (Books), Inter-American Development Bank, number 329, November.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Cornick, Jorge, 2013. "The Organization of Public-Private Cooperation for Productive Development Policies," IDB Publications (Working Papers) 4590, Inter-American Development Bank.
    2. Vicente Germán-Soto & Cesáreo Gámez Garza, 2017. "El ciclo económico de la productividad y su relación con el ciclo político en México, 1993.1 - 2014.4," Estudios Económicos, El Colegio de México, Centro de Estudios Económicos, vol. 32(1), pages 65-94.
    3. Iizuka, Michiko & Vargas, Fernando & Baumann, Jakob, 2017. "Financial mechanism to invest in knowledge from natural resource revenues: Experiences from Bolivia, Chile, Colombia and Peru," MERIT Working Papers 2017-042, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Carlos Scartascini & Mariano Tommasi & Ernesto H. Stein, 2008. "Veto Players, Intertemporal Interactions and Policy Adaptability: How Do Political Institutions Work?," Research Department Publications 4593, Inter-American Development Bank, Research Department.
    2. Valeria Palanza & Carlos Scartascini & Mariano Tommasi, 2012. "On the Institutionalization of Congress(es) in Latin America and Beyond," Research Department Publications 4817, Inter-American Development Bank, Research Department.
    3. Carlos Scartascini & Ernesto Stein & Mariano Tommasi, 2008. "Political Institutions, State Capabilities and Public Policy - International Evidence," Research Department Publications 4608, Inter-American Development Bank, Research Department.
    4. Murillo, Maria Victoria & Scartascini, Carlos & Tommasi, Mariano, 2008. "The Political Economy of Productivity: Actors, Arenas, and Policies. A Framework of Analysis," IDB Publications (Working Papers) 1642, Inter-American Development Bank.
    5. Carlos Scartascini & Mariano Tommasi & Ernesto Stein, 2010. "Veto Players and Policy Trade-Offs- An Intertemporal Approach to Study the Effects of Political Institutions on Policy," Research Department Publications 4660, Inter-American Development Bank, Research Department.
    6. Mariano Tommasi & Germán Caruso & Carlos Scartascini, 2014. "Are We Playing the Same Game? The Economic Effects of Constitutions Depend on the Degree of Institutionalization," Working Papers 116, Universidad de San Andres, Departamento de Economia, revised Dec 2014.
    7. Scartascini, Carlos & Stein, Ernesto H. & Tommasi, Mariano, 2009. "Political Institutions, Intertemporal Cooperation, and the Quality of Policies," IDB Publications (Working Papers) 1647, Inter-American Development Bank.
    8. Martin Ardanaz & Carlos Scartascini & Mariano Tommasi, 2010. "Political Institutions, Policymaking, and Economic Policy in Latin America," Research Department Publications 4658, Inter-American Development Bank, Research Department.
    9. Alaimo, Veronica & Cafagna, Gianluca & Elacqua, Gregory & Giles Álvarez, Laura & Izquierdo, Alejandro & Keefer, Philip & Martínez Von der Fecht, Matías & Vuletin, Guillermo & Moreno-Serra, Rodrigo & P, 2018. "Better Spending for Better Lives: How Latin America and the Caribbean Can Do More with Less," IDB Publications (Books), Inter-American Development Bank, number 9152, November.
    10. Guizzo Altube, Matías & Scartascini, Carlos & Tommasi, Mariano, 2023. "The Political Economy of Redistribution and (in)Efficiency in Latin America and the Caribbean," IDB Publications (Working Papers) 13194, Inter-American Development Bank.
    11. Agosin, Manuel R. & Atal, Juan Pablo & Blyde, Juan S. & Busso, Matías & Cavallo, Eduardo A. & Chong, Alberto E. & Daude, Christian & Fernández-Arias, Eduardo & Galindo, Arturo & Ibarrarán, Pablo & Izq, 2010. "La era de la productividad: Cómo transformar las economías desde sus cimientos," IDB Publications (Books), Inter-American Development Bank, number 342, November.
    12. Pereira, Carlos & Power, Timothy J. & Raile, Eric D., 2010. "The executive toolbox: building legislative support in a multiparty presidential regime," Textos para discussão 235, FGV EESP - Escola de Economia de São Paulo, Fundação Getulio Vargas (Brazil).
    13. Mauricio Olivera & Monica Pachon & Guillermo Perry, 2010. "The Political Economy of Fiscal Reform: The Case of Colombia, 1986-2006," Research Department Publications 4674, Inter-American Development Bank, Research Department.
    14. Jemio M., Luis Carlos & Candia C., Fernando & Evia V., José Luis, 2009. "Reforms and Counter-Reforms in Bolivia," IDB Publications (Working Papers) 1121, Inter-American Development Bank.
    15. Morón, Eduardo & Sanborn, Cynthia, 2006. "The Pitfalls of Policymaking in Peru: Actors, Institutions and Rules of the Game," IDB Publications (Working Papers) 3369, Inter-American Development Bank.
    16. Cornick, Jorge & Trejos, Alberto, 2016. "Building Public Capabilities for Productive Development Policies: Costa Rican Case Studies," IDB Publications (Working Papers) 8017, Inter-American Development Bank.
    17. Murillo, Maria Victoria & Schneider, Ben Ross & Iacoviello, Mercedes & Scartascini, Carlos & Monaldi, Francisco & Payne, J. Mark & Martínez-Gallardo, Cecilia & Stein, Ernesto H. & Echebarría, Koldo & , 2006. "The Politics of Policies: Economic and Social Progress in Latin America: 2006 Report," IDB Publications (Books), Inter-American Development Bank, number 6966, November.
    18. Pagés, Carmen & Rigolini, Jamele & Robalino, David A., 2013. "Social Insurance, Informality and Labor Markets: How to Protect Workers While Creating Good Jobs," IZA Discussion Papers 7879, Institute of Labor Economics (IZA).
    19. Mariano Tommasi, 2003. "Crises, institutions politiques et réformes politiques : le bon, le mauvais et l'affreux," Revue d’économie du développement, De Boeck Université, vol. 11(2), pages 49-81.
    20. Mario Bergara & Andrés Pereyra & Ruben Tansini & Adolfo Garcé & Daniel Chasquetti & Daniel Buquet & Juan Andrés Moraes, 2005. "Political Institutions, Policymaking Processes and Policy Outcomes: The Case of Uruguay," Documentos de Trabajo (working papers) 1805, Department of Economics - dECON.

    More about this item

    Keywords

    ;

    JEL classification:

    • L52 - Industrial Organization - - Regulation and Industrial Policy - - - Industrial Policy; Sectoral Planning Methods
    • O25 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Industrial Policy
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:idb:brikps:1124. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Felipe Herrera Library (email available below). General contact details of provider: https://edirc.repec.org/data/iadbbus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.