Total Factor Productivity of Philippine Manufacturing Industries

Key Points

Productivity estimates indicate that Philippine manufacturing industries have struggled over the decades, reflecting an ongoing problem.
The study shows that productivity growth during 1956-1992 can be attributed to both technical progress and efficiency components.
Analysis employed regression methods to understand industry productivity patterns and examine growth factors.
Findings suggest that addressing inefficiencies and fostering technical advancements could enhance long-term productivity.

Abstract

As suggested by vast literature, the Philippine economy has performed poorly over the last three decades due to deterioration in productivity. This paper provides an updated productivity estimates for the manufacturing industries over the period 1956-1992. This paper decomposes this industry productivity growth into technical progress and technical efficiency. It also analyzes the patterns of industry productivity through results of regression method.

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Total Factor Productivity of Philippine Manufacturing Industries

Key Points

Abstract

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