IDEAS home Printed from https://ideas.repec.org/p/udc/wpaper/wp491.html

Una Estimación de la Renta Económica en el Mercado de las Isapres en Chile

Author

Listed:
  • Simón Accorsi
  • Gino Sturla

Abstract

En el presente trabajo se estiman y analizan de manera conceptual y empíricamente coherente las rentas económicas en el sector Isapres Abiertas para el caso chileno en el período 2007-2017. Durante el período analizado las Isapres alcanzaron una rentabilidad promedio de 24%, cifra inusualmente elevada en comparación a otros sectores tanto a nivel nacional como internacional. En términos de renta económica esto significa utilidades extra normales en el rango de 407 y 516 mil millones para los tres escenarios considerados (CLP de septiembre 2018). En el caso del escenario medio (tasa de ganancia normal de 6%) el monto asciende a 462 mil millones, esto es, unos 42 mil millones anuales. De esta forma, es posible cuantificar la pérdida de eficiencia social debida, entre otras causas, a las asimetrías de información presentes en dicho mercado, a las barreras a la entrada y en general al uso del poder de mercado por parte de los aseguradores privados. Asimismo se revisan cualitativamente las causas posibles más importantes de dicha renta y se concluye con una serie de propuestas de políticas públicas que apuntan a un mejor funcionamiento en este mercado, entre las que se consideran (i) la existencia de planes mínimos garantizados, (ii) la implementación a cabalidad de un fondo de compensación y (iii) la posibilidad de complementar la cobertura con planes estandarizados.

Suggested Citation

  • Simón Accorsi & Gino Sturla, "undated". "Una Estimación de la Renta Económica en el Mercado de las Isapres en Chile," Working Papers wp491, University of Chile, Department of Economics.
    • Handle: RePEc:udc:wpaper:wp491
    as

    Download full text from publisher

    File URL: http://www.econ.uchile.cl/uploads/publicacion/42bba2414f500287fb024f58412f3b44cb006ce2.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Raghuram G. Rajan, 2009. "Rent Preservation and the Persistence of Underdevelopment," American Economic Journal: Macroeconomics, American Economic Association, vol. 1(1), pages 178-218, January.
    2. repec:bla:econom:v:43:y:1976:i:171:p:267-74 is not listed on IDEAS
    3. Ramón E. López & Eugenio Figueroa B., 2016. "On the Nexus Between Fiscal Policies and Sustainable Development," Sustainable Development, John Wiley & Sons, Ltd., vol. 24(4), pages 201-219, July.
    4. Leiva, Benjamín, 2016. "¿Apropiación privada de renta de recursos naturales? El caso del cobre en Chile," El Trimestre Económico, Fondo de Cultura Económica, vol. 83(332), pages .549-572, octubre-d.
    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. López, Ramón & Sturla Zerene, Gino, 2020. "Hyper-fortunes and the super-rich: why a wealth tax makes sense," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), December.

    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. Mardones, Cristian & del Rio, Ricardo, 2019. "Correction of Chilean GDP for natural capital depreciation and environmental degradation caused by copper mining," Resources Policy, Elsevier, vol. 60(C), pages 143-152.
    2. Coricelli, Fabrizio & Campos, Nauro, 2009. "Financial liberalization and democracy: The role of reform reversals," CEPR Discussion Papers 7393, Centre for Economic Policy Research.
    3. Milan Zafirovski, 2022. "Some dilemmas of economic democracy: Indicators and empirical analysis," Economic and Industrial Democracy, Department of Economic History, Uppsala University, Sweden, vol. 43(1), pages 252-302, February.
    4. Fanyu Chen & Zi Wen Vivien Wong & Siong Hook Law, 2024. "Brain drain: what is the role of institutions?," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 51(3), pages 605-628, September.
    5. M. Idrees Khawaja & Sajawal Khan, 2009. "Reforming Institutions: Where to Begin?," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 48(3), pages 241-267.
    6. Simon Commander, 2017. "Accounting for failures to reform in the Arab world," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 25(2), pages 351-373, April.
    7. Raghuram G. Rajan & Rodney Ramcharan, 2011. "Land and Credit: A Study of the Political Economy of Banking in the United States in the Early 20th Century," Journal of Finance, American Finance Association, vol. 66(6), pages 1895-1931, December.
    8. Eman Elish & Mostafa E. AboElsoud, 2024. "Assessing the Belt and Road Initiative’s environmental footprint: an impact evaluation analysis of African member countries," Humanities and Social Sciences Communications, Palgrave Macmillan, vol. 11(1), pages 1-14, December.
    9. Ouedraogo, Idrissa & Ngoa Tabi, Henri & Atangana Ondoa, Henri & Jiya, Alex Nester, 2022. "Institutional quality and human capital development in Africa," Economic Systems, Elsevier, vol. 46(1).
    10. Eugenio Figueroa & Ramón E. López & Gino Sturla, 2019. "Efficient Water Allocation when Climate is Changing: An interdisciplinary approach," Working Papers wp489, University of Chile, Department of Economics.
    11. Kayode Olaide & Beatrice D. Simo-Kengne & Josine Uwilingiye, 2022. "Sustainable Development–Fiscal Federalism Nexus: A “Beyond GDP” Approach," Sustainability, MDPI, vol. 14(10), pages 1-37, May.
    12. Olivier Basdevant & Dalmacio Benicio & Mr. Yorbol Yakhshilikov, 2012. "Inequalities and Growth in the Southern African Customs Union (SACU) Region," IMF Working Papers 2012/290, International Monetary Fund.
    13. Singh, Nirvikar, 2019. "Theories of Governance and Development: How Does India’s Experience Fit?," MPRA Paper 91049, University Library of Munich, Germany.
    14. Cvrcek, Tomas & Zajicek, Miroslav, 2019. "The making of a liberal education: Political economy of the Austrian school reform, 1865 – 1880," Explorations in Economic History, Elsevier, vol. 73(C), pages 1-1.
    15. Devarajan, Shantayanan & Khemani, Stuti & Walton, Michael, 2011. "Civil Society, Public Action and Accountability in Africa," Working Paper Series rwp11-036, Harvard University, John F. Kennedy School of Government.
    16. Shahab Ud Din & Muhammad Yar Khan & Majid Jamal Khan & Memoona Nilofar, 2022. "Nexus Between Sustainable Development, Adjusted Net Saving, Economic Growth, and Financial Development in South Asian Emerging Economies," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 13(3), pages 2372-2385, September.
    17. John Armour & Simon Deakin & Prabirjit Sarkar & Mathias Siems & Ajit Singh, 2009. "Shareholder Protection and Stock Market Development: An Empirical Test of the Legal Origins Hypothesis," Journal of Empirical Legal Studies, John Wiley & Sons, vol. 6(2), pages 343-380, June.
    18. Oded Galor, 2009. "Inequality and Economic Development: An Overview," Working Papers 2009-3, Brown University, Department of Economics.
    19. Simon Johnson & Jonathan D Ostry & Arvind Subramanian, 2010. "Prospects for Sustained Growth in Africa: Benchmarking the Constraints," IMF Staff Papers, Palgrave Macmillan, vol. 57(1), pages 119-171, April.
    20. Wenhan Ren & Jing Ni & Wen Jiao & Yan Li, 2023. "Explore the key factors of sustainable development: A bibliometric and visual analysis of technological progress," Sustainable Development, John Wiley & Sons, Ltd., vol. 31(1), pages 492-509, February.

    More about this item

    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:udc:wpaper:wp491. 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: Mohit Karnani (email available below). General contact details of provider: https://edirc.repec.org/data/deuclcl.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.