As suggested by vast literature, the Philippine economy has performed poorly over the last three decades due to deterioration in productivity. This paper provides an updated productivity estimates for the manufacturing industries over the period 1956-1992. This paper decomposes this industry...

Based on the chain of causality, R&D translates to innovation and to productivity/ technological progress, which ultimately leads to economic growth and prosperity. There exists a strong empirical support to positive relationship between effort levels in R&D and productivity. The objective of...

The paper presents an updated TFP estimates in the Philippines. The present estimates were derived using a modified set of methodologies, thus may not be comparable with those derived in the previous estimates (Cororaton and Caparas 1999). Modifications were introduced in the method for...

The paper presents estimates of total factor productivity (TFP) from 1967 to 2000. It was observed that while TFP growth was mostly negative in the last thirty-five years, its contribution to economic growth improved consistently from - 1.76 percentage points in the middle of 1980s to +0.41 in...

The paper presents estimates of total factor productivity (TFP) from 1967 to 2000. It was observed that while TFP growth was mostly negative in the last thirty-five years, its contribution to economic growth improved consistently from – 1.76 percentage points in the middle of 1980s to +0.41 in...

This paper estimates the rate of return in investment in three major sectors: primary sectors which include manufacturing, construction and utilities, industry sectors which include construction and utilities and service sectors which include transportation, trade and finance. The estimates are...

This paper develops and constructs a database for TFP estimation at the aggregate level and at the nine major sectors. A comparison of TFP estimates for different countries is conducted. In addition, a methodology is developed for TFP computation, which is afterwards applied to existing...

Based on the chain of causality, R&D translates to innovation and to productivity/ technological progress, which ultimately leads to economic growth and prosperity. There exists a strong empirical support to positive relationship between effort levels in R&D and productivity. The objective of...

The Philippine economic growth has been highly unstable in the last 20 years. From an erratic pattern, it has recovered in the early 1990’s. Whether this growth momentum is sustainable especially in the light of the recent financial crisis depends heavily on the strengthening of factors deemed...

As suggested by vast literature, the Philippine economy has performed poorly over the last three decades due to deterioration in productivity. This paper provides an updated productivity estimates for the manufacturing industries over the period 1956-1992. This paper decomposes this industry...