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Trade, Competitiveness and Finance in the Philippine Manufacturing Sector, 1980-1995

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Author Info
Yap, Josef T.
Abstract

The East Asian miracle of the 1960s up to the mid 1990s and the East Asian debacle in 1997 put into perspective two crucial factors that affect sustainable economic growth and development. The first is outward orientation necessary for increasing the competitiveness of an economy and second is the sound financial structure necessary for efficient resource allocation and macro stability. The concern of this paper is to analyze how these two factors interact with each other with a focus on the trade sector, particularly the manufacturing exports, and the dynamics of its competitiveness.

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File URL: http://dirp4.pids.gov.ph/ris/dps/pidsdps9912.pdf
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Paper provided by Philippine Institute for Development Studies in its series Discussion Papers with number DP 1999-12.

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Length: 36
Date of creation: 1999
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Handle: RePEc:phd:dpaper:dp_1999-12

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Keywords: total factor productivity manufacturing sector

References listed on IDEAS
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  1. Fagerberg, Jan, 1988. "International Competitiveness," Economic Journal, Royal Economic Society, vol. 98(391), pages 355-74, June. [Downloadable!] (restricted)
  2. Ross Levine, 1997. "Financial Development and Economic Growth: Views and Agenda," Journal of Economic Literature, American Economic Association, vol. 35(2), pages 688-726, June. [Downloadable!] (restricted)
    Other versions:
  3. Schmidt-Hebbel, Klaus & Serven, Luis & Solimano, Andres, 1996. "Saving and Investment: Paradigms, Puzzles, Policies," World Bank Research Observer, Oxford University Press, vol. 11(1), pages 87-117, February.
  4. Pierre-Richard Agénor, 1995. "Competitiveness and External Trade Performance of the French Manufacturing Industry," IMF Working Papers 95/137, International Monetary Fund.
  5. Schwert, G William, 1989. " Why Does Stock Market Volatility Change over Time?," Journal of Finance, American Finance Association, vol. 44(5), pages 1115-53, December. [Downloadable!] (restricted)
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  6. Cororaton, Caesar B. & Endriga, Benjamin & Ornedo, Derrick & Chua, Consolacion, 1995. "Estimation of Total Factor Productivity of Philippine Manufacturing Industries: The Estimates," Discussion Papers DP 1995-32, Philippine Institute for Development Studies. [Downloadable!]
  7. Rajan, Raghuram G & Zingales, Luigi, 1998. "Financial Dependence and Growth," American Economic Review, American Economic Association, vol. 88(3), pages 559-86, June. [Downloadable!] (restricted)
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  8. Rodrik, Dani, 1992. "The Limits of Trade Policy Reform in Developing Countries," Journal of Economic Perspectives, American Economic Association, vol. 6(1), pages 87-105, Winter. [Downloadable!] (restricted)
  9. Antoine Magnier & Joël Toujas-Bernate, 1994. "Technology and trade: Empirical evidences for the major five industrialized countries," Review of World Economics (Weltwirtschaftliches Archiv), Springer, vol. 130(3), pages 494-520, September. [Downloadable!] (restricted)
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This page was last updated on 2008-11-3.

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