Productivity and misallocation during a crisis: Evidence from the Chilean crisis of 1982

Keyphrases

• Chilean 100%
• Misallocation 100%
• Allocational Efficiency 100%
• Underutilization 33%
• Financial Crisis 33%
• Adjustment Costs 33%
• Manufacturing Sector 33%
• Establishment-level Data 33%
• Resource Misallocation 33%
• Solow Residual 33%
• Total Factor Productivity 33%
• Klenow 33%
• Domestic Demand 33%
• Capital Utilization 33%
• Aggregate Productivity 33%

Economics, Econometrics and Finance

• Productivity Change 50%
• Adjustment Costs 25%
• Aggregate Productivity 25%
• Capacity Utilization 25%