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|z 9781455211807
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|a 1018-5941
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|a BD-DhAAL
|c BD-DhAAL
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|a Medina, Leandro.
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|a The Chilean Output Gap /
|c Leandro Medina, Nicolas Magud.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 2011.
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|a 1 online resource (14 pages)
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|a IMF Working Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a This paper estimates the potential output (and the output gap) in Chile using several different methodologies. After a structural brake in 1998, the average growth rate of potential output in Chile declined from over 7 percent to 3-4 percent in the aggregate economy, but to less than 2 percent in the natural resource sector. The contributions to aggregate potential output growth of the natural resource sector and the non-natural resource sector are estimated, finding that the contribution to growth of the natural resource sector is non-linear-increasing during the 1990s, declining during the 2000s, and turning negative in the mid-2000s-despite the monotonic decrease in the share of natural resource output in aggregate output.
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|a Mode of access: Internet
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|a Magud, Nicolas.
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|a IMF Working Papers; Working Paper ;
|v No. 2011/002
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| 856 |
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/2011/002/001.2011.issue-002-en.xml
|z IMF e-Library
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