Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/66678 
Year of Publication: 
2010
Citation: 
[Journal:] Estudios de Economía [ISSN:] 0718-5286 [Volume:] 37 [Issue:] 2 [Publisher:] Universidad de Chile, Departamento de Economía [Place:] Santiago de Chile [Year:] 2010 [Pages:] 217-242
Publisher: 
Universidad de Chile, Departamento de Economía, Santiago de Chile
Abstract: 
Starting in the mid 1970s, Chile implemented comprehensive structural market reforms. Using manufacturing plant-level data on Chilean firms for years 1980 to 2001, we estimate the role of reforms on efficiency. We analyze aggregate productivity constructed from micro data to find that in the aftermath of the reforms, efficiency gains were explained by within-plant improvements and by the net entry of new units. We also find that plants producing traded goods and plants facing liquidity constraints experienced the largest efficiency gains. Trade openness and a superior access to external finance seem to have partially accounted for the improvement in manufacturing performance.
Subjects: 
plant dynamics
productivity
manufacturing
Chile
JEL: 
L16
L60
O47
O12
Document Type: 
Article

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