Chile : Investment Climate Assessment, Volume 2. Background Chapters
The Investment Climate Assessment confirms the importance of the investment climate for productivity in Chile. ICA results show that four aspects of the investment climate (business regulation, infrastructure, finance and technology and innovation)...
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Format: | Investment Climate Assessment (ICA) |
Language: | English |
Published: |
Washington, DC
2012
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Subjects: | |
Online Access: | http://documents.worldbank.org/curated/en/2007/04/7745907/chile-investment-climate-assessment-vol-2-2-background-chapters http://hdl.handle.net/10986/7716 |
Summary: | The Investment Climate Assessment
confirms the importance of the investment climate for
productivity in Chile. ICA results show that four aspects of
the investment climate (business regulation, infrastructure,
finance and technology and innovation) affect Chilean firms
in terms of their productivity. As may be expected, issues
relating to infrastructure and business regulation affect
total factor productivity negatively while skills,
technology and innovation have a positive impact. The first
volume presents the main results of the analysis, including
policy recommendations. More in-depth analyses are presented
in Volume 2, which is divided into seven chapters. The first
chapter provides an overview of the key questions and issues
to be discussed and a background on methodology. The second
chapter reviews recent economic trends in Chile. The third
chapter presents a general statistical overview, including
an econometric analysis of the productivity of firms. The
remaining chapters provide a detailed analysis of four
issues affecting the investment climate: access to and the
cost of finance, business and labor regulation, technology
and innovation and infrastructure. There is also a technical
annex on the econometric methodology. |
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