A computable general equilibrium model is used to analyze the growth path of the Chilean economy during 1977-81. During that period a comprehensive package of reforms liberalized international trade and removed restrictive labor legislation. As a result of the reforms, there were large changes in relative prices and in the structure of production and demand, and the economy enjoyed unprecedented growth with declining inflation. But large macroeconomic...
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INFORMACIÓN
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1984/07/01
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Documento de trabajo departamental
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DRD91
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1
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1
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2013/03/04
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Disclosed
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Productivity growth, external shocks, and capital inflows in Chile during 1977-81 : a general equilibrium analysis
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capital inflow
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