IDEAS home Printed from https://ideas.repec.org/a/alk/jefas0/v4y2022i2id3172.html

Service Exportation: The Effects in the Youth Labor Market and its Implications toward Economic Growth

Author

Listed:
  • Sofia Gabrielle Battad

    (Department of Economics, University of Santo Tomas, Philippines)

  • Charles Edrian Bautista

    (Department of Economics, University of Santo Tomas, Philippines)

  • Prof. Kevin Jamir F. PIgao

    (Department of Economics, University of Santo Tomas, Philippines)

Abstract

The dawn of the digital economy has approached the Philippines through the transformation of the service trade in the labor market. The study analyzed and observed a 30-year time series of the relationship between the country’s service exports, productivity, and youth unemployment rate towards the end goal of economic growth. The young IT-BPO industry is now the country’s most significant contributor to GDP, outpacing the manufacturing industry with more than 5% growth each year. Service exports play a big role in how the country is positioned in the future, and the study has seen a significant relationship between the GDP which proves to show that policy improvements, market openness, ICT infrastructure and capital expansion within these variables could help the country improve its unemployment rate and share on the global market.

Suggested Citation

  • Sofia Gabrielle Battad & Charles Edrian Bautista & Prof. Kevin Jamir F. PIgao, 2022. "Service Exportation: The Effects in the Youth Labor Market and its Implications toward Economic Growth," Journal of Economics, Finance and Accounting Studies, Al-Kindi Center for Research and Development, vol. 4(2), pages 148-163, April.
    • Handle: RePEc:alk:jefas0:v:4:y:2022:i:2:id:3172
    DOI: 10.32996/jefas.2022.4.2.12
    as

    Download full text from publisher

    File URL: https://al-kindipublisher.com/index.php/jefas/article/view/3172
    File Function: Abstract page
    Download Restriction: no
    File URL: https://al-kindipublisher.com/index.php/jefas/article/download/3172/2750
    File Function: Full text
    Download Restriction: no
    File URL: https://libkey.io/10.32996/jefas.2022.4.2.12?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:alk:jefas0:v:4:y:2022:i:2:id:3172. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Al-Kindi Center for Research and Development (email available below). General contact details of provider: https://al-kindipublisher.com/index.php/jefas .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.