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Assessing Competition in Philippine Markets


This paper reviews the current empirical literature on competition and market structure of Philippine industries. It shows that weak competition is one of the fundamental factors that explain limited growth, productivity, and employment in the economy. Philippine experience has shown that reforms such as trade liberalization, deregulation, and privatization, while necessary, are not sufficient to foster effective competition. The success of these reforms depends on the creation of a competitive domestic market environment, which is in turn determined by the interplay of behavioral, regulatory, and structural constraints along with the broader aspects of competitive infrastructure.

Citations

This publication has been cited time(s).

  1. Aldaba, Rafaelita M, 2012 "Trade reforms, competition, and innovation in the Philippines" , Philippine Institute for Development Studies

  2. World Bank, 2011 "Philippines" , The World Bank Group

  3. Aldaba, Rafaelita M., 2012 "Trade reforms, competition, and innovation in the Philippines" , Philippine Institute for Development Studies

  4. Aldaba, Rafaelita M., 2012 "Trade reforms, competition, and innovation in the Philippines" , Economic Research Institute for ASEAN and East Asia (ERIA)

  5. Vidanes, Mary Joyce N., 2017 "Impact of trade liberalization on Research and Development (R&D) expenditures in the Philippines" , University of the Philippines

  6. Rosellon, Maureen Ane D. and Josef T. Yap, 2010 "The role of the private sector in Regional Economic Integration : A view from the Philippines" , East Asian Bureau of Economic Research

  7. Magno, Cielo and Ricardo Rafael S. Guzman, 2019 "Drug price sensitivity among physicians in a developing healthcare system: Evidence from the Philippine market for statins and beta blockers" , Elsevier

  8. Balboa, Jenny D., Fatima Lourdes E. Del Prado, and Josef T. Yap, 2010 "Achieving the Asean Economic Community 2015: Challenges for the Philippines" , East Asian Bureau of Economic Research

  9. World Bank Group, 2014 "Policy options for liberalizing Philippine maritime cabotage restrictions" , The World Bank Group

  10. Yap, Josef T., Fatima del Prado, and Jenny D. Balboa, 2010 "Achieving the Asean Economic Community 2015: Challenges for the Philippines" , Philippine Institute for Development Studies



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