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dc.creatorFUENTES,J. RODRIGO
dc.date2011-11-01
dc.date.accessioned2019-04-25T12:41:57Z
dc.date.available2019-04-25T12:41:57Z
dc.identifierhttps://scielo.conicyt.cl/scielo.php?script=sci_arttext&pid=S0719-04332011000200003
dc.identifier.urihttp://revistaschilenas.uchile.cl/handle/2250/61243
dc.descriptionThis article analyzes long-term patterns of growth of the Chilean economy. Examining 200 years of data, it shows evidence in favor of using a neoclassical growth model to conduct the empirical analysis. It presents a formal analysis of structural breaks in the Chilean growth process, finding structural changes in 1929 and 1971/1981. A further analysis of the country's economic history indicates that fiscal policy, external shocks and trade policy are plausible explanations for these breaks. When these variables are included in the empirical model, the hypothesis of no breaks during these 200 years cannot be rejected.
dc.formattext/html
dc.languageen
dc.publisherPontificia Universidad Católica de Chile. Instituto de Economía.
dc.relation10.4067/S0719-04332011000200003
dc.rightsinfo:eu-repo/semantics/openAccess
dc.sourceLatin american journal of economics v.48 n.2 2011
dc.subjectChile
dc.subjectstructural breaks
dc.subjectgrowth
dc.subjectfiscal policies
dc.subjectexternal shocks
dc.titleA UNIFIED GROWTH MODEL FOR INDEPENDENT CHILE


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