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Chile´s economic perfomance in the 20th Century, a comparative perspective

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  • André A. Hofman

Abstract

This article aims to assess Chile’s economic performance in the 20th century in a comparative perspective. The casual analysis of economic performance is conducted at two levels, “ultimate” and “proximate”. Ultimate causes refer to institutions, ideologies pressure groups, historical accidents and economic policy at the national level, while involving incluences, either positive or negative, from outside the country it is difficult to quantify these “ultimate” features and legitimate scope for disagreement on what is important remains is the case in Chile. Quantification becomes possible in the case of “proximate” causes of the economic performance and it is here where all kind of models have been developed. One strand of measures are comparative macroeconomic growth accounts which provide significant insights in tryng to “explain” GDP growth (per capita) and productivity by measuring inputs of labor and capital, availability of natural resources and influences affecting the efficiency with which re

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  • André A. Hofman, 1993. "Chile´s economic perfomance in the 20th Century, a comparative perspective," Estudios de Economia, University of Chile, Department of Economics, vol. 20(esp Year ), pages 107-140, june.
    • Handle: RePEc:udc:esteco:v:20:y:1993:i:esp:p:107-140
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    File URL: http://www.econ.uchile.cl/uploads/publicacion/5dc481c6-7d32-4b39-acbf-d78bb69ae6cf.pdf
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    References listed on IDEAS

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    1. Reynolds, Lloyd G, 1983. "The Spread of Economic Growth to the Third World: 1850-1980," Journal of Economic Literature, American Economic Association, vol. 21(3), pages 941-980, September.
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    1. Manuel Madrid-Aris, 1997. "Growth and Technological Change in Cuba," Annual Proceedings, The Association for the Study of the Cuban Economy, vol. 7.
    2. Dominique Hachette & Fernando Ossa & Francisco Rosende, 1996. "Aspectos Monetarios y Macroeconómicos de la Integración," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 33(98), pages 153-183.

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