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Autore: |
Blagrave Patrick
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Titolo: |
Estimating Potential Output in Chile : : A Multivariate Filter for Mining and Non-Mining Sectors / / Patrick Blagrave, Marika Santoro
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Pubblicazione: | Washington, D.C. : , : International Monetary Fund, , 2016 |
Descrizione fisica: | 1 online resource (33 pages) : illustrations, tables |
Disciplina: | 330.983064 |
Soggetto topico: | Economic indicators - Chile |
Economic development - Chile | |
Mineral industries - Chile - Econometric models | |
Macroeconomics | |
Natural Resource Extraction | |
Production and Operations Management | |
Model Construction and Estimation | |
Price Level | |
Inflation | |
Deflation | |
Monetary Policy | |
Macroeconomics: Production | |
Industry Studies: Primary Products and Construction: General | |
Metals and Metal Products | |
Cement | |
Glass | |
Ceramics | |
Production | |
Cost | |
Capital and Total Factor Productivity | |
Capacity | |
Extractive industries | |
Potential output | |
Mining sector | |
Output gap | |
Metal prices | |
Total factor productivity | |
Economic sectors | |
Prices | |
Economic theory | |
Mineral industries | |
Metals | |
Industrial productivity | |
Soggetto geografico: | Chile |
Altri autori: |
SantoroMarika
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Nota di bibliografia: | Includes bibliographical references. |
Sommario/riassunto: | 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. |
Titolo autorizzato: | Estimating Potential Output in Chile ![]() |
ISBN: | 1-4755-4493-6 |
1-4755-4496-0 | |
Formato: | Materiale a stampa ![]() |
Livello bibliografico | Monografia |
Lingua di pubblicazione: | Inglese |
Record Nr.: | 9910154898803321 |
Lo trovi qui: | Univ. Federico II |
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