Aggregate productivity in the Philippine economy
The Philippines has been the weakest growth performer among the ASEAN countries. This thesis combines both econometric techniques and a computable general equilibrium model to examine the reasons for the country's poor economic performance. Growth models are developed showing the country's declining productivity performance, not only relative to the average of the middle income countries, but also relative to the country's past record. These confirm that aggregate productivity growth was...[Show more]
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