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The Impact of Market Reforms on Competition, Structure and Performance of the Philippine Economy

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  • Aldaba, Rafaelita M.

Abstract

The paper studies the impact of trade liberalization on competition and productivity. Competition is the main channel through which trade liberalization affects economic performance. Competition fosters innovation and technology adoption which leads to increases in competitiveness and growth that will have large consequences for poverty and inequality. To realize these expected effects, it is important that firms change their behavior and adjust to the new market environment. The success of reforms depends to a great extent on the capacity of firms to exploit the new competitive conditions in the market and on their ability to take advantage of the opportunities offered to them.

Suggested Citation

  • Aldaba, Rafaelita M., 2005. "The Impact of Market Reforms on Competition, Structure and Performance of the Philippine Economy," Discussion Papers DP 2005-24, Philippine Institute for Development Studies.
    • Handle: RePEc:phd:dpaper:dp_2005-24
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    References listed on IDEAS

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    21. Aldaba, Rafaelita M., 2003. "Regulatory Policies and Reforms in the Power and Downstream Oil Industries," Discussion Papers DP 2003-16, Philippine Institute for Development Studies.
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    Cited by:

    1. Aldaba, Rafaelita M., 2008. "Emerging Issues in Promoting Competition Policy in the APEC and ASEAN Countries," Discussion Papers DP 2008-02 (revised), Philippine Institute for Development Studies.
    2. Jeffrey G. Williamson & Emmanuel S. de Dios, 2014. "Has the Philippines forever lost its chance at industrialization?," Philippine Review of Economics, University of the Philippines School of Economics and Philippine Economic Society, vol. 51(2), pages 47-66, December.
    3. Larry Digal & Glory Dee Romo & Thomas Reardon, 2009. "The Transformation of Food Retail in the Philippines," Asian Journal of Agriculture and Development, Southeast Asian Regional Center for Graduate Study and Research in Agriculture (SEARCA), vol. 6(2), pages 51-84, December.
    4. Rezitis, Anthony N. & Kalantizi, Maria A., 2012. "Investigating market structure of the Greek food and beverages manufacturing industry: A Hall-Roeger approach," Agricultural Economics Review, Greek Association of Agricultural Economists, vol. 13(01), pages 1-17.
    5. Aldaba, Rafaelita M., 2013. "Getting Ready for the ASEAN Economic Community 2015: Philippine Investment Liberalization and Facilitation," Discussion Papers DP 2013-03, Philippine Institute for Development Studies.
    6. Rezitis, Anthony N., 2010. "Evaluating the state of competition of the Greek banking industry," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 20(1), pages 68-90, February.
    7. Roehlano M. Briones, 2009. "Agricultural Diversification and the Fruits and Vegetables Sub-Sector : Policy Issues and Development Constraints in the Philippines," Development Economics Working Papers 22951, East Asian Bureau of Economic Research.
    8. David, Cristina C. & Intal, Ponciano & Balisacan, Arsenio M., 2007. "Distortions to Agricultural Incentives in the Philippines," Agricultural Distortions Working Paper Series 48477, World Bank.

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    More about this item

    Keywords

    trade liberalization; competition; effective protection; total factor productivity growth;
    All these keywords.

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • O24 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Trade Policy; Factor Movement; Foreign Exchange Policy
    • F10 - International Economics - - Trade - - - General

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