04596oam 22012374 450 991015489880332120250426110602.09781475544930147554493697814755449611475544960(CKB)4340000000018109(MiAaPQ)EBC4745307(IMF)WPIEA2016201WPIEA2016201(EXLCZ)99434000000001810920020129d2016 uf 0engurcnu||||||||rdacontentrdamediardacarrierEstimating Potential Output in Chile : A Multivariate Filter for Mining and Non-Mining Sectors /Patrick Blagrave, Marika SantoroWashington, D.C. :International Monetary Fund,2016.1 online resource (33 pages) illustrations, tablesIMF Working Papers9781475544923 1475544928 Includes bibliographical references.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 2½ percent in recent years, although it plausibly could be higher in the medium-term.IMF Working Papers; Working Paper ;No. 2016/201Economic indicatorsChileEconomic developmentChileMineral industriesChileEconometric modelsMacroeconomicsimfNatural Resource ExtractionimfProduction and Operations ManagementimfModel Construction and EstimationimfPrice LevelimfInflationimfDeflationimfMonetary PolicyimfMacroeconomics: ProductionimfIndustry Studies: Primary Products and Construction: GeneralimfMetals and Metal ProductsimfCementimfGlassimfCeramicsimfProductionimfCostimfCapital and Total Factor ProductivityimfCapacityimfExtractive industriesimfPotential outputimfMining sectorimfOutput gapimfMetal pricesimfTotal factor productivityimfEconomic sectorsimfPricesimfEconomic theoryimfMineral industriesimfMetalsimfIndustrial productivityimfChileimfEconomic indicatorsEconomic developmentMineral industriesEconometric models.MacroeconomicsNatural Resource ExtractionProduction and Operations ManagementModel Construction and EstimationPrice LevelInflationDeflationMonetary PolicyMacroeconomics: ProductionIndustry Studies: Primary Products and Construction: GeneralMetals and Metal ProductsCementGlassCeramicsProductionCostCapital and Total Factor ProductivityCapacityExtractive industriesPotential outputMining sectorOutput gapMetal pricesTotal factor productivityEconomic sectorsPricesEconomic theoryMineral industriesMetalsIndustrial productivity330.983064Blagrave Patrick1376950Santoro Marika146699DcWaIMFBOOK9910154898803321Estimating Potential Output in Chile3648692UNINA