Since 2014
Apertura y Eficiencia Productiva: La Industria Chilena, 1975-1988
Economic Analysis Review
View Archive Info| Field | Value | |
| Title |
Apertura y Eficiencia Productiva: La Industria Chilena, 1975-1988
Apertura y Eficiencia Productiva: La Industria Chilena, 1975-1988 |
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| Creator |
Agacino, Rafael
Rivas, Gonzalo Román, Enrique |
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| Subject |
—
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| Description |
The results of Chile's profound economic liberalizations remain the subject of ongoing debate. Using the Total Factor Productivity approach (TFP); we review the industrial sector performance during the 1975-1988 period. Our analysis shows that greater competitiveness dictated by economic liberalization was not accomplished through technical change but, rather, through intensive factor use (1976-81), or extensive factor use (1984-88). After exhaustion of the "easy phase", new levels of productive efficiency necessitated technical innovation, that is, investment in equipment, training. and reorganization of productive processes. However, after the 1982-83 crisis, firms did not follow this path: previous financial stress and low wage costs determined a growth path based on extensive use of labor, thereby delaying technological modernization of the industrial sector.
Apertura y Eficiencia Productiva: La Industria Chilena, 1975-1988 |
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| Publisher |
Universidad Alberto Hurtado - Facultad de Economía y Negocios
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| Contributor |
—
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| Date |
2010-03-11
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — — |
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| Format |
application/pdf
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| Identifier |
http://www.rae-ear.org/index.php/rae/article/view/213
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| Source |
Revista de Análisis Económico - Economic Analysis Review; Vol 8, No 2 (1993); 93-121
Revista de Análisis Económico – Economic Analysis Review; Vol 8, No 2 (1993); 93-121 0718-8870 0716-5927 |
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| Language |
spa
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| Relation |
http://www.rae-ear.org/index.php/rae/article/view/213/473
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