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...

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...

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...

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...

In the past one and a half decades, the Philippine government pursued major economic policy reforms. One of the key focused areas is the trade sector. Policy reforms included tariff reduction, simplification of tariff structure, and tariffication of quantitative restrictions. While some of the...

The objective of the paper is to draw technology-related policy lessons for the Philippines by examining Japan's experience in technological innovation after the second world war and by reviewing the present set-up of science and technology (S&T) in the Philippines. The paper argues that given...

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...

Trade liberalization--particularly tariff reduction, which is the focus of this paper--triggers changes in both sectoral price ratios and domestic-foreign price ratios. These changes in turn cause a reallocation in production and resources, which lead to a contraction in some production sectors...

The GATT/WTO may affect the Philippine economy in three ways: through changes in tariff structure resulting from the country’s commitment in the Uruguay Round, through the expansion of world trade as developed and less developed countries adjust their protection structures and through the...

This paper discusses the structure of the Philippine computable general equilibrium model (PCGEM). The model is a medium-sized CGE model of the Philippine economy. It disaggregates the production sector into 34 sectors. It incorporates 3 types of factor inputs; labor, variable capital and...