The Chilean Output Gap:
This paper estimates the potential output (and the output gap) in Chile using several different methodologies. After a structural brake in 1998, the average growth rate of potential output in Chile declined from over 7 percent to 3-4 percent in the aggregate economy, but to less than 2 percent in th...
Gespeichert in:
| 1. Verfasser: | |
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
International Monetary Fund
2011
|
| Schriftenreihe: | IMF Working Papers
Working Paper No. 11/2 |
| Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
| Zusammenfassung: | This paper estimates the potential output (and the output gap) in Chile using several different methodologies. After a structural brake in 1998, the average growth rate of potential output in Chile declined from over 7 percent to 3-4 percent in the aggregate economy, but to less than 2 percent in the natural resource sector. The contributions to aggregate potential output growth of the natural resource sector and the non-natural resource sector are estimated, finding that the contribution to growth of the natural resource sector is non-linear-increasing during the 1990s, declining during the 2000s, and turning negative in the mid-2000s-despite the monotonic decrease in the share of natural resource output in aggregate output |
| Beschreibung: | 1 Online-Ressource (14 p) |
| ISBN: | 145521180X 9781455211807 |
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| illustrated | Not Illustrated |
| index_date | 2024-07-03T20:13:29Z |
| indexdate | 2024-07-10T09:35:38Z |
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| physical | 1 Online-Ressource (14 p) |
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| publisher | International Monetary Fund |
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| spelling | Medina, Leandro Verfasser aut The Chilean Output Gap Medina, Leandro Washington, D.C International Monetary Fund 2011 1 Online-Ressource (14 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 11/2 This paper estimates the potential output (and the output gap) in Chile using several different methodologies. After a structural brake in 1998, the average growth rate of potential output in Chile declined from over 7 percent to 3-4 percent in the aggregate economy, but to less than 2 percent in the natural resource sector. The contributions to aggregate potential output growth of the natural resource sector and the non-natural resource sector are estimated, finding that the contribution to growth of the natural resource sector is non-linear-increasing during the 1990s, declining during the 2000s, and turning negative in the mid-2000s-despite the monotonic decrease in the share of natural resource output in aggregate output Online-Ausg Magud, Nicolas E. Sonstige oth http://elibrary.imf.org/view/IMF001/11574-9781455211807/11574-9781455211807/11574-9781455211807.xml Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Medina, Leandro The Chilean Output Gap |
| title | The Chilean Output Gap |
| title_auth | The Chilean Output Gap |
| title_exact_search | The Chilean Output Gap |
| title_exact_search_txtP | The Chilean Output Gap |
| title_full | The Chilean Output Gap Medina, Leandro |
| title_fullStr | The Chilean Output Gap Medina, Leandro |
| title_full_unstemmed | The Chilean Output Gap Medina, Leandro |
| title_short | The Chilean Output Gap |
| title_sort | the chilean output gap |
| url | http://elibrary.imf.org/view/IMF001/11574-9781455211807/11574-9781455211807/11574-9781455211807.xml |
| work_keys_str_mv | AT medinaleandro thechileanoutputgap AT magudnicolase thechileanoutputgap |