Since 2014
Economic Analysis Review
View Archive Info| Field | Value | |
| Title |
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Productividad total de factores del sector construcción en Chile (1986-2015) |
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| Creator |
Idrovo-Aguirre, Byron J.
Serey, Victor Daniel |
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| Subject |
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Productivity, construction, Kalman filter, Chile |
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| Description |
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In this paper, we estimate the Total Factor Productivity (TFP) for the Chilean Construction Sector, considering an annual period between 1986 and 2015. The contribution of the productivity to the sectorial growth is estimated residually, based on a Cobb-Douglas production function for the sectorial GDP and independent measures for capital and labor, corrected by quality and intensity of use. As a result, the sectorial TFP has exhibited a downward trend in the last five years, after remaining virtually flat since 1986 to 2011. The economic growth of the sector shows to be dominated by the accumulation of factors rather than by the efficiency with which they are used in the productive process. This could explain, partially, the vulnerability of sectorial activity to the economic cycle. |
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| Publisher |
Universidad Alberto Hurtado - Facultad de Economía y Negocios
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| Contributor |
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| Date |
2018-06-30
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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/632
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| Source |
Revista de Análisis Económico - Economic Analysis Review; Vol 33, No 1 (2018); 29-54
Revista de Análisis Económico – Economic Analysis Review; Vol 33, No 1 (2018); 29-54 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/632/275275281
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| Rights |
Copyright (c) 2018 Revista de Análisis Económico – Economic Analysis Review
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