Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/27404
Authors: 
Herzer, Dierk
Year of Publication: 
2005
Series/Report no.: 
Discussion papers // Ibero America Institute for Economic Research 115
Abstract: 
In this study, we examine the long-run impact of capital goods imports, exports of manufactured and primary goods on total factor productivity in Chile. Using the integration and cointegration techniques of Kapetanios (2005), Pesaran, Shin, and Smith (2001), Stock (1987), and Saikkonen (1991) we find a long-run relationship between these variables. All in all, our estimation results provide evidence for the existence of productivity-enhancing effects of capital goods imports and manufactured exports and of productivity-limiting effects of primary exports.
Subjects: 
Trade
trade composition
productivity
cointegration
JEL: 
O47
F41
C22
Document Type: 
Working Paper

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