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Investment Climate, Productivity, and Regional Development in a Developing Country

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This paper examines the Philippines’s investment climate in relation to the performance of manufacturing firms and the productivity of regional economies. The thesis is that the country’s slow economic growth can be attributed in no small measure to its poor investment climate that hampered the productivity growth of firms; further, the disparities in regional development can be explained by, among others factors, differences in investment environments. Addressing the deficiencies of the investment climate would significantly contribute to enhancing the economy’s long-run growth and redressing regional inequalities.

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  • M. Pernia , Ernesto & S. Salas, J. M. Ian, 2006. "Investment Climate, Productivity, and Regional Development in a Developing Country," Asian Development Review, Asian Development Bank, vol. 23(2), pages 70-89.
    • Handle: RePEc:ris:adbadr:2726
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    Cited by:

    1. Ernesto M. Pernia, 2008. "Migration, Remittances, Poverty and Inequality The Philippines," UP School of Economics Discussion Papers 200801, University of the Philippines School of Economics.
    2. Ernesto M. Pernia, 2006. "Diaspora, Remittances, and Poverty in RP’s Regions," UP School of Economics Discussion Papers 200602, University of the Philippines School of Economics.
    3. Ernesto M. Pernia, 2011. "Is labor export good development policy?," Philippine Review of Economics, University of the Philippines School of Economics and Philippine Economic Society, vol. 48(1), pages 13-34, June.

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