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Total Factor Productivity of Philippine Manufacturing Industries

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Author Info

  • Cororaton, Caesar B.
  • Endriga, Benjamin
  • Ornedo, Derrick
  • Chua, Consolacion
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    Abstract

    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 productivity growth into technical progress and technical efficiency. It also analyzes the patterns of industry productivity through results of regression method.

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    File URL: http://dirp4.pids.gov.ph/ris/pjd/pidsjpd95-2tfp.pdf
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    Bibliographic Info

    Article provided by Philippine Institute for Development Studies in its journal Philippine Journal of Development.

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    Handle: RePEc:phd:pjdevt:jpd_1995_vol._xxii_no._2-c

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    Related research

    Keywords: total factor productivity; manufacturing sector; technical efficiency; output growth;

    References

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    1. Christensen, Laurits R & Jorgenson, Dale W & Lau, Lawrence J, 1973. "Transcendental Logarithmic Production Frontiers," The Review of Economics and Statistics, MIT Press, vol. 55(1), pages 28-45, February.
    2. Kalirajan, K P, 1990. "On Measuring Economic Efficiency," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 5(1), pages 75-85, January-M.
    3. Battese, George E. & Corra, Greg S., 1977. "Estimation Of A Production Frontier Model: With Application To The Pastoral Zone Of Eastern Australia," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 21(03), December.
    4. Williamson, Jeffrey G, 1969. "Dimensions of Postwar Philippine Economic Progress," The Quarterly Journal of Economics, MIT Press, vol. 83(1), pages 93-109, February.
    5. Aigner, Dennis & Lovell, C. A. Knox & Schmidt, Peter, 1977. "Formulation and estimation of stochastic frontier production function models," Journal of Econometrics, Elsevier, vol. 6(1), pages 21-37, July.
    6. Meeusen, Wim & van den Broeck, Julien, 1977. "Efficiency Estimation from Cobb-Douglas Production Functions with Composed Error," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 18(2), pages 435-44, June.
    7. Kalirajan, K P & Obwona, M B, 1994. "Frontier Production Function: The Stochastic Coefficients Approach," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 56(1), pages 87-96, February.
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    Cited by:
    1. Aldaba, Fernando T., . "Philippine Development: A Research Journey Through the Philippine Journal of Development," Philippine Journal of Development, Philippine Institute for Development Studies.

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