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The paper looks at the role of services in the economy and discusses why competitive services are necessary for achieving inclusive growth. An overview of Philippine services sectors is first presented highlighting their economic contribution as well as performance. This is followed by a...
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This paper uses a theory-based measure of productivity-based comparative advantage to examine the trade performance of … integral part of “Factory Asia.” Moreover, the results from a quantitative model of trade show that revealed productivity … across sectors and economies. We also find evidence of rapid growth in revealed productivity in some service subsectors …
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durables as capital) as inputs for internationally traded high-end services and monitors the impact of productivity shocks, and … that formalization of an economy and manufacturing’s productivity improvement have the largest impact on services’ growth … higher exports of internationally traded services, benefit the services sector but have lower elasticities. Productivity …
Persistent link: https://www.econbiz.de/10013218575
durables as capital) as inputs for internationally traded high-end services and monitors the impact of productivity shocks, and … that formalization of an economy and manufacturing’s productivity improvement have the largest impact on services’ growth … higher exports of internationally traded services, benefit the services sector but have lower elasticities. Productivity …
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