Chile: Recent Economic Developments
September 10, 1996
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This paper examines the sources of growth in Chile and compares Chile’s experience with that of other countries. Two alternative measures of the sources of growth for Chile are presented to facilitate comparisons with other studies. The first measure adjusts factor inputs for the degree of utilization (using the unemployment rate), and the second measure introduces an index of the quality of factor inputs. The paper presents estimates of potential output of Chile for 1971–95, and also discusses the projections of potential output growth for Chile over the medium term.
Subject: Banking, Currency markets, Financial markets, Income tax systems, Labor, National accounts, Personal income, Production, Taxes, Total factor productivity
Keywords: central bank bank paper, CR, Currency markets, East Asia, exchange operation, financial institution, foreign exchange, Global, Income tax systems, ISCR, liquidity credit lines, Personal income, repatriation right, securities exchange, Total factor productivity
Pages:
94
Volume:
1996
DOI:
Issue:
089
Series:
Country Report No. 1996/089
Stock No:
1CHLEA0011996
ISBN:
9781451807455
ISSN:
1934-7685
