Inicio / Documentos de trabajo / - Macroeconomía / The Chilean agricultural transformation during the second half of the twentieth century: A story of institutional change

The Chilean agricultural transformation during the second half of the twentieth century: A story of institutional change

ABSTRACT:

The second half of the twentieth century witnessed a dramatic transformation of the Chilean agricultural sector. From accounting for only five percent of the value of Chile’s total exports in the late 1960s, agricultural exports grew to account for more than 30 percent of this value in the mid 1990s. Using a modified neoclassical growth formulation, we show that the transformation of the Chilean agricultural sector can be associated with institutional changes or modifications to the sector’s basic functioning structure. In particular, our historical review shows that changes in the definition of property rights over land, caused by the Chilean agrarian reform first and the general economic reform later, seem to have greatly caused the changes in the sector’s levels of investment and production.

Working Paper N° 08/2008

595 KB

Acerca de erickmamani@gmail.com

Te puede interesar

Imagen Destacada 07_2017

Targeting credit through community members

By: Diego A. Vera-Cossio November 30, 2017 Abstract Delegating the allocation of public resources to …

Deja un comentario

Tu dirección de correo electrónico no será publicada. Los campos necesarios están marcados *

Facebook

Twitter

LinkedId