Estimating Potential Output in Chile : : A Multivariate Filter for Mining and Non-Mining Sectors / / Patrick Blagrave, Marika Santoro
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| Autore: |
Blagrave Patrick
|
| Titolo: |
Estimating Potential Output in Chile : : A Multivariate Filter for Mining and Non-Mining Sectors / / Patrick Blagrave, Marika Santoro
|
| 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
|
| 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 |
| Opac: | Controlla la disponibilità qui |
Serie:
IMF Working Papers; Working Paper ; ; No. 2016/201