{
  "title": "Investment-Specific Productivity Growth - Chile in a Global Perspective",
  "publication": "IMF Working Papers, December 1, 2009",
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  "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.",
  "sections": [
    {
      "heading": "Summary",
      "content": "- Authors: Gabriel Di Bella, Martin D. Cerisola\n- Publication date: December 1, 2009\n- Working Paper: Working Paper No. 2009/264; Issue: 264; Volume: 2009; Pages: 16\n- DOI: https://doi.org/10.5089/9781451874099.001\n- Stock No: WPIEA2009264\n- ISBN: 9781451874099\n- ISSN: 1018-5941\n- Core finding: By the end of 2007, Chile's total factor productivity was lower than ten years earlier, contrasting with the previous decade when productivity grew by a cumulative 30 percent."
    },
    {
      "heading": "Analysis and Methodology",
      "content": "- Decomposition approach:\n  - Productivity is decomposed into investment-specific technological change (associated with improvements in the quality of capital) and neutral technological change (related to the organization of productive activities).\n- Comparative perspective:\n  - Investment-specific technological improvements in Chile are found to be in line with trends observed in other net commodity exporters."
    },
    {
      "heading": "Key Findings",
      "content": "- Productivity trend:\n  - By the end of 2007, total factor productivity in Chile was lower than it had been ten years earlier.\n  - In the previous decade, productivity grew by a cumulative 30 percent.\n- Drivers of long-term growth:\n  - Investment-specific technological improvements have contributed significantly to long-term growth in Chile.\n  - Neutral technological change has been slow."
    },
    {
      "heading": "Subjects and Keywords",
      "content": "- Subject: Mining sector, Production growth, Productivity, Public expenditure review, Total factor productivity\n- Keywords: market concentration, WP"
    },
    {
      "heading": "Publication and Access Details",
      "content": "- Format note: IMF Working Papers\n- Availability: Download PDF; More Formats on IMF eLibrary; Order a Print Copy\n- Citation example provided in Chicago format for reference.\n\nSource: IMF Working Papers — \"Investment-Specific Productivity Growth - Chile in a Global Perspective\", Gabriel Di Bella and Martin D. Cerisola, December 1, 2009, Working Paper No. 2009/264, DOI: https://doi.org/10.5089/9781451874099.001\n\n---\n\n Content in this bundle\n\n- wp09264\n  - wp09264 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - wp09264 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/wp/issues/2016/12/31/investment-specific-productivity-growth-chile-in-a-global-perspective-23428"
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    "Authors: Gabriel Di Bella, Martin D. Cerisola",
    "Published: December 1, 2009",
    "Series: IMF Working Papers",
    "DOI: https://doi.org/10.5089/9781451874099.001",
    "Authors: Gabriel Di Bella, Martin D. Cerisola",
    "Publication date: December 1, 2009",
    "Working Paper: Working Paper No. 2009/264; Issue: 264; Volume: 2009; Pages: 16",
    "DOI: https://doi.org/10.5089/9781451874099.001",
    "Stock No: WPIEA2009264",
    "ISBN: 9781451874099",
    "ISSN: 1018-5941",
    "Core finding: By the end of 2007, Chile's total factor productivity was lower than ten years earlier, contrasting with the previous decade when productivity grew by a cumulative 30 percent.",
    "Decomposition approach:",
    "Comparative perspective:",
    "Productivity trend:",
    "Drivers of long-term growth:",
    "Subject: Mining sector, Production growth, Productivity, Public expenditure review, Total factor productivity",
    "Keywords: market concentration, WP",
    "Format note: IMF Working Papers",
    "Availability: Download PDF; More Formats on IMF eLibrary; Order a Print Copy",
    "Citation example provided in Chicago format for reference.",
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