Endogenous technology and sectoral productivity: Chile 1962-1982

Juan Eduardo Coeymans, Yair Mundlak

Resultado de la investigación: Article

3 Citas (Scopus)

Resumen

The choice of sectoral productivity in Chile is studied within the choice of technique approach. The choice of production techniques is an economic problem in that the techniques implemented at any time reflect the prevailing economic environment, as well as its history. Incorporating this choice in the analysis adds another channel through which market conditions can influence productivity while neglecting this simple fact leads to a distorted view of the production process. This view of production is applied here to present an econometric framework for estimating sectoral production functions. The derived function has the form of a Cobb-Douglas function, but its coefficients are allowed to vary in response to the economic environment and to factor utilization. The results show the important effect that macro, external, and institutional shocks have on the level and cyclical behavior of productivity.

Idioma originalEnglish
Páginas (desde-hasta)257-275
Número de páginas19
PublicaciónJournal of Productivity Analysis
Volumen3
N.º3
DOI
EstadoPublished - sep 1992

Huella dactilar

Chile
productivity
factor utilization
economics
production function
production process
econometrics
market
history
Productivity
Economic environment
time
Production process
Coefficients
Economics
Market conditions
Econometrics
Production function
Cobb-Douglas
Factors

ASJC Scopus subject areas

  • Social Sciences (miscellaneous)
  • Economics and Econometrics
  • Business and International Management

Citar esto

Coeymans, Juan Eduardo ; Mundlak, Yair. / Endogenous technology and sectoral productivity : Chile 1962-1982. En: Journal of Productivity Analysis. 1992 ; Vol. 3, N.º 3. pp. 257-275.
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Endogenous technology and sectoral productivity : Chile 1962-1982. / Coeymans, Juan Eduardo; Mundlak, Yair.

En: Journal of Productivity Analysis, Vol. 3, N.º 3, 09.1992, p. 257-275.

Resultado de la investigación: Article

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