Chile : Recent Economic Developments

Information about Western Hemisphere Hemisferio Occidental

Journal Issue

Volume/Issue:: 1996/89
Series:: IMF Staff Country Reports
Author(s):: International Monetary Fund
Publisher:: INTERNATIONAL MONETARY FUND
Published Date:: September 1996
DOI:: http://dx.doi.org/10.5089/9781451807455.002
ISBN:: 9781451807455
ISSN:: 1934-7685
Page:: 94

This paper examines the sources of growth in Chile and compares Chile's experience with that of other countries. Two alternative measures of the sources of growth for Chile are presented to facilitate comparisons with other studies. The first measure adjusts factor inputs for the degree of utilization (using the unemployment rate), and the second measure introduces an index of the quality of factor inputs. The paper presents estimates of potential output of Chile for 1971-95, and also discusses the projections of potential output growth for Chile over the medium term.

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Chile - Recent Economic Developments