Investment-specific productivity growth : Chile in a global perspective /

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Bibliographic Details
Author / Creator:Di Bella, C. Gabriel, author.
Imprint:[Washington, D.C.] : International Monetary Fund, ©2009.
Description:1 online resource (16 pages) : illustrations
Language:English
Series:IMF working paper ; WP/09/264
IMF working paper ; WP/09/264.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12499605
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Other authors / contributors:Cerisola, Martin, author.
International Monetary Fund.
Notes:Cover title.
"December 2009"--Page 1
Includes bibliographical references (page 16).
Print version record.
Summary: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.
Other form:Print version: Di Bella, C. Gabriel. Investment-specific productivity growth. [Washington, D.C.] : International Monetary Fund, ©2009