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Sectoral breakdown of total factor productivity in Chile, 1996-2010 / Patricio Aroca and Nicolás Garrido.
- Format:
- Book
- Government document
- Author/Creator:
- Aroca, Patricio, author.
- Language:
- English
- Subjects (All):
- Economic and Social Development.
- Chile.
- Local Subjects:
- Economic and Social Development.
- Chile.
- Physical Description:
- 1 online resource (18 pages)
- Contained In:
- CEPAL Review Vol. 2017, no. 122, p. 171-188 2017:122<171 1684-0348
- Place of Publication:
- New York : United Nations, 2018.
- System Details:
- text file
- Summary:
- This article decomposes total factor productivity (TFP) by economic sector, using data from the Chilean economy's input-output matrices for 1996, 2003 and 2010. The analysis focuses on the effects of changes in three areas: sectoral demand; the production mix and cross-sectoral transactions; and technological change. It finds that the latter two are the key drivers of productivity variations in the period analysed. Manufacturing industry; electricity, gas and water; and financial intermediation and business services have generated increases in the economy's overall productivity, while the personal services sector may be acting as a constraint on growth. The article qualifies and contextualizes these conclusions.
- Notes:
- Title from title screen (viewed May 1, 2017).
- Access Restriction:
- Restricted for use by site license.
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