Sectoral breakdown of total factor productivity in Chile, 1996-2010
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.
Saved in:
| Main Authors: | , |
|---|---|
| Format: | Texto biblioteca |
| Language: | English |
| Published: |
2017-08
|
| Subjects: | PRODUCTIVIDAD, MEDICION, ANALISIS DE INSUMO-PRODUCTO, ANALISIS DE FACTORES, PRODUCTIVITY, MEASUREMENT, INPUT-OUTPUT ANALYSIS, FACTOR ANALYSIS, |
| Online Access: | https://hdl.handle.net/11362/42666 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|