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The services sector is composed of a diverse range of services from retail and business services to education and health. Some services are used as inputs in production, while others have direct impacts on human capital development. In the Philippines, services account for 60 percent of GDP and...
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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...
Persistent link: https://www.econbiz.de/10010354557
This paper examines the evidence on service innovation using the 2012 Census of Philippine Business and Industry and the 2009 Pilot Survey of Innovation Activities. It reveals the wide variation in R and D intensities and differences in innovation behavior between the manufacturing and services...
Persistent link: https://www.econbiz.de/10011536181
APEC 2015 provides an opportunity for the Philippines to advance its economic interests in services and contribute to regional integration by focusing on global value chains (GVCs) which are now believed to account for more than 50 percent of global trade. This paper looks at the GVC phenomenon...
Persistent link: https://www.econbiz.de/10010482093
There is now broad consensus that the Philippines should aim to have a globally competitive services sector. Applying Porter's framework on creating national competitive advantage (the diamond), this paper presents a comprehensive government strategy recognizing that it has an important albeit...
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Services are critical inputs in manufacturing production, and this is likely to intensify with the advent of new technologies. Based on the trade in value-added data of the Organisation for Economic Co-operation and Development, the share of services embodied in Philippine manufacturing exports...
Persistent link: https://www.econbiz.de/10011577946