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The Philippine export portfolio in the product space: potentials, possibilities and policy challenges

Author

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  • Connie Bayudan-Dacuycuy

    (Economics Department, Ateneo de Manila University)

Abstract

Using the product space and the index for product level sophistication, the performance of the Philippines' export basket is analyzed. Results indicate that while currently it has limited options for diversification, the country can still produce sophisticated exports given significant transformation of its production structure. Specific exports that have the potential to evolve into sophisticated rich-country goods are also identified.

Suggested Citation

  • Connie Bayudan-Dacuycuy, 2012. "The Philippine export portfolio in the product space: potentials, possibilities and policy challenges," Economics Bulletin, AccessEcon, vol. 32(1), pages 59-66.
    • Handle: RePEc:ebl:ecbull:eb-11-00118
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    References listed on IDEAS

    as
    1. Jesús Crespo Cuaresma & Julia Wörz, 2005. "On Export Composition and Growth," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 141(1), pages 33-49, April.
    2. Hausmann, Ricardo & Rodrik, Dani, 2003. "Economic development as self-discovery," Journal of Development Economics, Elsevier, vol. 72(2), pages 603-633, December.
    3. Bassam Abual-Foul, 2004. "Testing the export-led growth hypothesis: evidence from Jordan," Applied Economics Letters, Taylor & Francis Journals, vol. 11(6), pages 393-396.
    4. Cesar A. Hidalgo, 2009. "The Dynamics of Economic Complexity and the Product Space over a 42 year period," CID Working Papers 189, Center for International Development at Harvard University.
    5. Bayudan-Dacuycuy, Connie & Lim, Joseph Anthony, 2014. "Export Sophistication and Export-Led Growth: An Analysis of the Export Basket of Selected East Asian Economies," MPRA Paper 64650, University Library of Munich, Germany.
    6. Tecson, Gwendolyn R., 1992. "Performance, Competitiveness and Structure of Philippine Manufacturing Industries: A Research Design," Working Papers WP 1992-02, Philippine Institute for Development Studies.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Cilem Selin Hazir & Flora Bellone & Cyrielle Gaglio, 2019. "Local product space and firm-level churning in exported products," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 28(6), pages 1473-1496.
    2. Cyrielle Gaglio, 2015. "Measuring Country Competitiveness: A Survey of Exporting-based Indexes," GREDEG Working Papers 2015-42, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.
    3. repec:hal:spmain:info:hdl:2441/1f59r6ssre9eiqb2rso9ui50m2 is not listed on IDEAS
    4. Idsardi, E.F. & Schalkwyk, H.D. & Viviers, W., 2015. "The Agricultural Product Space: Prospects for South Africa," 2015 Conference, August 9-14, 2015, Milan, Italy 211752, International Association of Agricultural Economists.

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    More about this item

    Keywords

    export sophistication; product space; diversification; Philippines;
    All these keywords.

    JEL classification:

    • F0 - International Economics - - General
    • F1 - International Economics - - Trade

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