01854cas a2200253 a 4500 AALejournalIMF017175 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475544923 1018-5941 BD-DhAAL BD-DhAAL Blagrave, Patrick. Estimating Potential Output in Chile : A Multivariate Filter for Mining and Non-Mining Sectors / Patrick Blagrave, Marika Santoro. Washington, D.C. : International Monetary Fund, 2016. 1 online resource (32 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Using a multivariate filter, we estimate potential growth rates in Chile's mining and non-mining sectors. Estimates for the mining sector incorporate information on copper prices, whereas estimates for non-mining reflect information on inflation and unemployment rates. To better understand the drivers of potential growth, we decompose estimates into capital, labor (adjusted for human-capital and hours worked), and total-factor productivity using a production-function. Our estimates of potential output in Chile suggest that an important part of the recent growth slowdown has been structural, with potential-output growth slowing to 2 1\2 percent in recent years, although it plausibly could be higher in the medium-term. Mode of access: Internet Santoro, Marika. IMF Working Papers; Working Paper ; No. 2016/201 Full text available on IMF http://elibrary.imf.org/view/journals/001/2016/201/001.2016.issue-201-en.xml IMF e-Library