Several studies have found that plant turnover contributes to productivity growth. This evidence seems to be consistent with the idea that, by reducing protection granted to inefficient firms, economic liberalization would generate productivity gains associated with resource reallocation from...

This paper examines the link between multinational enterprises and employment growth at the plant-level. We investigate in detail the comparative response of multinationals and domestic firms to an economic crisis, using the empirical setting of a well defined case of economic slowdown in Chile...

An important consequence of the recent financial crisis was the collapse of global trade. Using data of Chilean exporting firms, this paper studies the effect of financial constraints on export growth in the aftermath of the crisis. Our results show that both overall financing and export credit...

This study analyzes the characteristics and the results of programs promoting technological consortiums in Argentina, Chile, Colombia and Uruguay. These programs are aimed to facilitate the interaction between businesses and institutions dedicated to the production of science and technology. The...

The Central Bank of Chile builds inflation forecasts for several time horizons and using various methodologies. In this paper, we analyze one of these series of short-term inflation forecasts, which we call Auxiliary Inflation Forecasts (AIF), comparing them to forecasts made by private analysts...

This paper analyzes the evolution of firm productivity in the Chilean manufacturing industry, during the post trade reform period (1979-1994). Changes in productivity for each sector are defined as technological changes and variation in technical efficiency. The econometric technique applied is...

This paper examines the relationship between exports, productivity, and technological innovation. It first analyzes the causality between the firms’ export behavior and productivity. Unlike other papers using a similar methodology, our results show no evidence of learning by exporting. In...

Several studies have found that plant turnover contributes to productivity growth. This evidence seems to be consistent with the idea that by reducing protection granted to inefficient firms, economic liberalization would generate productivity gains associated with resource reallocation from...