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Productivity Growth in the Philippines After the Industrial Reforms

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  • Austria, Myrna S.

Abstract

Past studies have shown that Philippine productivity growth has been low compared to other ASEAN members. This is specifically attributed to the inward-looking industrial policies pursued by the government. The country has embarked on major trade reforms since 1980s through its commitment to WTO, AFTA and APEC and in the 1990’s through the foreign direct investment (FDI) liberalization. How these affect the country’s long-term growth depends on whether the trade reform translates into improvements in productivity. This paper examines the country’s productivity performance and analyzes whether or not trade and investment policies have had a significant impact on productivity growth. This also tries to explain changes in total factor productivity (TFP) growth by conducting a regression on TFP against trade and policy indicators.

Suggested Citation

  • Austria, Myrna S., 1998. "Productivity Growth in the Philippines After the Industrial Reforms," Discussion Papers DP 1998-26, Philippine Institute for Development Studies.
    • Handle: RePEc:phd:dpaper:dp_1998-26
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    References listed on IDEAS

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    Cited by:

    1. Munusamy, Subramaniam & Rajamoorthy, Yogambigai, 2020. "Factor Accumulation and Total Factor Productivity Growth: ASEAN Economies," Jurnal Ekonomi Malaysia, Faculty of Economics and Business, Universiti Kebangsaan Malaysia, vol. 54(2), pages 67-76.
    2. Cororaton, Caesar B. & Zingapan, Socorro, 1999. "Recent TFP Policy Agenda for the Philippines," Discussion Papers DP 1999-07, Philippine Institute for Development Studies.
    3. Michael R. Cabalfin & Josef T. Yap, 2008. "Sustainable Development Framework for Local Governance," Governance Working Papers 22619, East Asian Bureau of Economic Research.
    4. Cororaton, Caesar B. & Cuenca, Janet S., 2001. "Estimates of Total Factor Productivity in the Philippines," Discussion Papers DP 2001-02, Philippine Institute for Development Studies.
    5. Cororaton, Caesar B., 2002. "Research and Development and Technology in the Philippines," Discussion Papers DP 2002-23, Philippine Institute for Development Studies.
    6. World Bank, 2000. "Philippines - Growth with Equity : The Remaining Agenda - A World Bank Social and Structural Review," World Bank Publications - Reports 15142, The World Bank Group.
    7. Austria, Myrna S., 2000. "Philippine Productivity Performance in the 1990s: An Assessment," Discussion Papers DP 2000-28, Philippine Institute for Development Studies.
    8. Cororaton, Caesar B., 1999. "Study on Public and Private Expenditure on Research and Development: An Integrative Report," Discussion Papers DP 1999-15, Philippine Institute for Development Studies.
    9. Cororaton, Caesar B., 2002. "Total Factor Productivity in the Philippines," Discussion Papers DP 2002-01, Philippine Institute for Development Studies.
    10. Patalinghug, Epictetus, 2000. "A Review of the Components of the Medium-Term National Action Agenda for Productivity: An Integrative Report," Discussion Papers DP 2000-25, Philippine Institute for Development Studies.
    11. Llanto, Gilberto M., 2012. "Philippine Productivity Dynamics in the Last Five Decades and Determinants of Total Factor Productivity," Discussion Papers DP 2012-11, Philippine Institute for Development Studies.
    12. Cororaton, Caesar B., 2003. "Technological Innovations in Japan and S&T Experiences in the Philippines: Drawing Policy Lessons for the Philippines," Research Paper Series RPS 2002-04, Philippine Institute for Development Studies.

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