Trade orientation and labor market evolution: Evidence from chilean plant-level data

Many developing and developed economies consider structural reforms to trade and fiscal policy that are designed to lower taxes and tariffs and stimulate investment and production of the manufacturing sector. A good example of such a country is Chile, which went through a series of structural reform...

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Autores principales:	Fuentes, Olga M., Gilchrist, Simon
Formato:	Artículo
Lenguaje:	eng
Publicado:	Banco Central de Chile 2019
Materias:	MERCADO LABORAL POLÍTICA COMERCIAL MERCADO FINANCIERO
Acceso en línea:	https://hdl.handle.net/20.500.12580/3691
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spelling	oai-20.500.12580-36912021-04-24T10:29:37Z Trade orientation and labor market evolution: Evidence from chilean plant-level data Fuentes, Olga M. Gilchrist, Simon MERCADO LABORAL POLÍTICA COMERCIAL MERCADO FINANCIERO Many developing and developed economies consider structural reforms to trade and fiscal policy that are designed to lower taxes and tariffs and stimulate investment and production of the manufacturing sector. A good example of such a country is Chile, which went through a series of structural reforms in the late 1970s and early 1980s. The labor and financial markets were deregulated and price controls eliminated. Two major tax reforms were put into operation in 1975 and 1984, and a social security reform was introduced in 1980. In addition, Chile was one of the first countries in Latin America to begin a gradual but deep trade liberalization process. In 1967 the average effective protection rate was over 100 percent. Between 1973 and 1979, Chile eliminated the quantitative restrictions and reduced the import tariff to a uniform level of 10 percent. A debt crisis in 1982 led to the delay or partial reversal of some reforms (the import tariffs were temporarily increased to 35 percent in 1984), but by 1992 all of them were successfully in place. 2019-11-01T00:02:49Z 2019-11-01T00:02:49Z 2005 Artículo 956-7421-20-X https://hdl.handle.net/20.500.12580/3691 eng Series on Central Banking, Analysis, and Economic Policies, no. 8 Attribution-NonCommercial-NoDerivs 3.0 Chile http://creativecommons.org/licenses/by-nc-nd/3.0/cl/ .pdf Sección o Parte de un Documento p. 411-435 application/pdf Banco Central de Chile
institution	Banco Central
collection	Banco Central
language	eng
topic	MERCADO LABORAL POLÍTICA COMERCIAL MERCADO FINANCIERO
spellingShingle	MERCADO LABORAL POLÍTICA COMERCIAL MERCADO FINANCIERO Fuentes, Olga M. Gilchrist, Simon Trade orientation and labor market evolution: Evidence from chilean plant-level data
description	Many developing and developed economies consider structural reforms to trade and fiscal policy that are designed to lower taxes and tariffs and stimulate investment and production of the manufacturing sector. A good example of such a country is Chile, which went through a series of structural reforms in the late 1970s and early 1980s. The labor and financial markets were deregulated and price controls eliminated. Two major tax reforms were put into operation in 1975 and 1984, and a social security reform was introduced in 1980. In addition, Chile was one of the first countries in Latin America to begin a gradual but deep trade liberalization process. In 1967 the average effective protection rate was over 100 percent. Between 1973 and 1979, Chile eliminated the quantitative restrictions and reduced the import tariff to a uniform level of 10 percent. A debt crisis in 1982 led to the delay or partial reversal of some reforms (the import tariffs were temporarily increased to 35 percent in 1984), but by 1992 all of them were successfully in place.
format	Artículo
author	Fuentes, Olga M. Gilchrist, Simon
author_facet	Fuentes, Olga M. Gilchrist, Simon
author_sort	Fuentes, Olga M.
title	Trade orientation and labor market evolution: Evidence from chilean plant-level data
title_short	Trade orientation and labor market evolution: Evidence from chilean plant-level data
title_full	Trade orientation and labor market evolution: Evidence from chilean plant-level data
title_fullStr	Trade orientation and labor market evolution: Evidence from chilean plant-level data
title_full_unstemmed	Trade orientation and labor market evolution: Evidence from chilean plant-level data
title_sort	trade orientation and labor market evolution: evidence from chilean plant-level data
publisher	Banco Central de Chile
publishDate	2019
url	https://hdl.handle.net/20.500.12580/3691
work_keys_str_mv	AT fuentesolgam tradeorientationandlabormarketevolutionevidencefromchileanplantleveldata AT gilchristsimon tradeorientationandlabormarketevolutionevidencefromchileanplantleveldata
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Trade orientation and labor market evolution: Evidence from chilean plant-level data

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