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Total Factor Productivity: Estimates for Philippine Economy

Author

Listed:
  • Cororaton, Caesar B.
  • Caparas, Maria Teresa

Abstract

This paper develops and constructs a database for TFP estimation at the aggregate level and at the nine major sectors. A comparison of TFP estimates for different countries is conducted. In addition, a methodology is developed for TFP computation, which is afterwards applied to existing Philippine data to facilitate new TFP estimates. Four methodologies are used to compute: traditional growth accounting, Divisia-translog, Econometric and Stochastic Frontier Approach. Results indicate that TFP improvement right after the 1980 crisis is not sustainable. Data on early 1990s show TFP being below zero. Focusing within the period, evidences of TFP differential across sectors are traced.

Suggested Citation

  • Cororaton, Caesar B. & Caparas, Maria Teresa, 1999. "Total Factor Productivity: Estimates for Philippine Economy," Discussion Papers DP 1999-06, Philippine Institute for Development Studies.
    • Handle: RePEc:phd:dpaper:dp_1999-06
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    File URL: https://www.pids.gov.ph/publication/discussion-papers/total-factor-productivity-estimates-for-philippine-economy
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    Citations

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    Cited by:

    1. Kjetil Bjorvatn & Hans Jarle Kind & Hildegunn Kyvik Nordås, 2002. "The Role of FDI in Economic Development," Nordic Journal of Political Economy, Nordic Journal of Political Economy, vol. 28, pages 109-126.
    2. Briones, Roehlano M., 2010. "Scenarios and Options for Productivity Growth in Philippine Agriculture: An Application of the Agricultural Multimarket Model for Policy Evaluation (AMPLE)," Discussion Papers DP 2010-05, Philippine Institute for Development Studies.
    3. Cororaton, Caesar B. & Cuenca, Janet S., 2001. "Estimates of Total Factor Productivity in the Philippines," Discussion Papers DP 2001-02, Philippine Institute for Development Studies.
    4. Cororaton, Caesar B., 2002. "Total Factor Productivity in the Philippines," Discussion Papers DP 2002-01, Philippine Institute for Development Studies.
    5. Patalinghug, Epictetus, 2000. "A Review of the Components of the Medium-Term National Action Agenda for Productivity: An Integrative Report," Discussion Papers DP 2000-25, Philippine Institute for Development Studies.
    6. Briones, Roehlano M., 2012. "Addressing Land Degradation: Benefits, Costs, and Policy Directions," Philippine Journal of Development PJD 2010 Vol. 37 No. 1c, Philippine Institute for Development Studies.
    7. February 2010, 2010. "Scenarios and Options for Productivity Growth in Philippine Agriculture An Application of the AMPLE," Microeconomics Working Papers 22806, East Asian Bureau of Economic Research.

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