Investment-Specific Productivity Growth : Chile in a Global Perspective /
By the end of 2007, Chile's total factor productivity was lower than ten years earlier, a performance that contrasted sharply with the previous decade, when productivity grew by a cumulative 30 percent. This paper assesses productivity trends in Chile, by decomposing productivity into investmen...
|a Investment-Specific Productivity Growth :
|b Chile in a Global Perspective /
|c Gabriel Di Bella, Martin Cerisola.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 2009.
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|a 1 online resource (16 pages)
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|a IMF Working Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a By the end of 2007, Chile's total factor productivity was lower than ten years earlier, a performance that contrasted sharply with the previous decade, when productivity grew by a cumulative 30 percent. This paper assesses productivity trends in Chile, by decomposing productivity into investment-specific technological change (associated with improvements in the quality of capital) and neutral technological change (related to the organization of productive activities). It concludes that investment-specific technological improvements have contributed significantly to long-term growth in Chile, in line with trends observed in other net commodity exporters, while neutral technological change has been slow.
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|a Mode of access: Internet
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|a Cerisola, Martin.
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|a IMF Working Papers; Working Paper ;
|v No. 2009/264
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/2009/264/001.2009.issue-264-en.xml
|z IMF e-Library