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Export Performance and Competitiveness in the Philippines

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  • Sanjaya Lall

Abstract

After decades of weak growth, Philippine manufactured exports have performed impressively in recent years, better than those of most other South East Asian economies. This paper examines the sources of Philippine export dynamism and asks whether the current pace of growth is sustainable. It finds that the competitive base is very narrow, dominated by one product group and, within that, one product (semiconductors). This is a fast growing, high technology product, with great potential for future growth and spillovers; however, Philippines specialises in low-end final assembly and testing, where it is vulnerable to competitive entry and technological change. The paper ends with policy implications.

Suggested Citation

  • Sanjaya Lall, "undated". "Export Performance and Competitiveness in the Philippines," QEH Working Papers qehwps49, Queen Elizabeth House, University of Oxford.
  • Handle: RePEc:qeh:qehwps:qehwps49
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    File URL: http://www3.qeh.ox.ac.uk/RePEc/qeh/qehwps/qehwps49.pdf
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    References listed on IDEAS

    as
    1. Lall, Sanjaya, 1998. "Exports of Manufactures by Developing Countries: Emerging Patterns of Trade and Location," Oxford Review of Economic Policy, Oxford University Press, vol. 14(2), pages 54-73, Summer.
    2. Dani Rodrik, 1988. "Closing the Technology Gap: Does Trade Liberalization Really Help?," NBER Working Papers 2654, National Bureau of Economic Research, Inc.
    3. Lall, Sanjaya & Teubal, Morris, 1998. ""Market-stimulating" technology policies in developing countries: A framework with examples from East Asia," World Development, Elsevier, vol. 26(8), pages 1369-1385, August.
    4. Lall, Sanjaya, 1992. "Technological capabilities and industrialization," World Development, Elsevier, vol. 20(2), pages 165-186, February.
    5. Reinert, Erik S., 1995. "Competitiveness and its predecessors--a 500-year cross-national perspective," Structural Change and Economic Dynamics, Elsevier, vol. 6(1), pages 23-42, March.
    6. Pack, Howard, 1993. "Productivity and industrial development in sub-Saharan Africa," World Development, Elsevier, vol. 21(1), pages 1-16, January.
    7. Stein, Howard, 1992. "Deindustrialization, adjustment, the World Bank and the IMF in Africa," World Development, Elsevier, vol. 20(1), pages 83-95, January.
    8. Stiglitz, Joseph E, 1996. "Some Lessons from the East Asian Miracle," World Bank Research Observer, World Bank Group, vol. 11(2), pages 151-177, August.
    9. Biggs, T. & Shah, M. & Srivastava, P., 1995. "Technological Capabilities and Learning in African Enterprises," Papers 288, World Bank - Technical Papers.
    10. Lall, Sanjaya, 1994. "The East Asian miracle: Does the bell toll for industrial strategy?," World Development, Elsevier, vol. 22(4), pages 645-654, April.
    11. Dahlman, Carl J. & Ross-Larson, Bruce & Westphal, Larry E., 1987. "Managing technological development: Lessons from the newly industrializing countries," World Development, Elsevier, vol. 15(6), pages 759-775, June.
    12. Rodrik, Dani, 1996. "Coordination failures and government policy: A model with applications to East Asia and Eastern Europe," Journal of International Economics, Elsevier, vol. 40(1-2), pages 1-22, February.
    13. Richard R. Nelson, 1995. "Recent Evolutionary Theorizing about Economic Change," Journal of Economic Literature, American Economic Association, vol. 33(1), pages 48-90, March.
    14. Stiglitz, Joseph E, 1989. "Markets, Market Failures, and Development," American Economic Review, American Economic Association, vol. 79(2), pages 197-203, May.
    15. Pack, Howard & Westphal, Larry E., 1986. "Industrial strategy and technological change : Theory versus reality," Journal of Development Economics, Elsevier, vol. 22(1), pages 87-128, June.
    16. Westphal, Larry E, 1990. "Industrial Policy in an Export-Propelled Economy: Lessons from South Korea's Experience," Journal of Economic Perspectives, American Economic Association, vol. 4(3), pages 41-59, Summer.
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    Cited by:

    1. Duenas-Caparas, Maria Teresa S., 2006. "Determinants of Export Performance in the Philippine Manufacturing Sector," Discussion Papers DP 2006-18, Philippine Institute for Development Studies.
    2. Shauna Phillips & Fredoun Z. Ahmadi-Esfahani, 2010. "Export market participation, spillovers, and foreign direct investment in Australian food manufacturing," Agribusiness, John Wiley & Sons, Ltd., vol. 26(3), pages 329-347.
    3. Eric Ramstetter, 2009. "Firm- and Plant-level Analysis of Multinationals in Southeast Asia: the Perils of Pooling Industries and Balancing Panels," Global COE Hi-Stat Discussion Paper Series gd09-106, Institute of Economic Research, Hitotsubashi University.
    4. Sanjaya Lall, "undated". "Turkish Performance in Exporting Manufactures: A Comparative Structural Analysis," QEH Working Papers qehwps47, Queen Elizabeth House, University of Oxford.

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