COUYOUMDJIAN NETTLE, JUAN PABLO
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COUYOUMDJIAN NETTLE, JUAN PABLO
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jpc@udd.cl
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Scopus Author ID
25627322200

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Publication

Ideas, leaders, and institutions in 19th-century Chile

2018 , COUYOUMDJIAN NETTLE, JUAN PABLO , LARROULET VIGNAU, CRISTIÁN

AbstractInstitutions matter for economic growth. Thus, the leaders who help to develop institutions, and their ideas and beliefs, must play a central role in any narrative that seeks to explain such growth. This leads to the appearance of institutional entrepreneurs, who act in a given cultural and political environment. We focus on the problem of state building, where formal institutions designed by leaders must be consistent with a given society's existing informal institutions. We consider an analytical narrative focusing on the Chilean experience in the 19thcentury. This serves as an interesting quasi-natural experiment on the role of ideas, leaders, and institutions in the problem of economic growth and development.

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Entrepreneurship and growth: A Latin American paradox?

2009-06 , LARROULET VIGNAU, CRISTIÁN , COUYOUMDJIAN NETTLE, JUAN PABLO

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ANOTHER CASE OF THE MIDDLE-INCOME TRAP: CHILE, 1900–1939

2020 , COUYOUMDJIAN NETTLE, JUAN PABLO , LARROULET VIGNAU, CRISTIÁN , Diego A. Díaz-faes

ABSTRACTThis paper studies the evolution of the Chilean economy in the late 19th and early 20th century, a period when the country's convergence with developed countries came to an end. We analyse this problem in the context of the modern literature on the middle-income trap. The social, political and economic history of Chile between 1875 and 1939 is examined and the presence of most of the factors associated with the middle-income trap is found. We complement this narrative through a quantitative analysis based on the synthetic control method and argue that the process of state-led industrialisation undertaken in the country leading to the formation of CORFO was a key economic and political event. Our work presents some general lessons for developing countries facing a similar context.

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