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This paper develops and constructs a database for TFP estimation at the aggregate level and at the nine major sectors. A comparison of TFP estimates for different countries is conducted. In addition, a methodology is developed for TFP computation, which is afterwards applied to existing Philippine data to facilitate new TFP estimates. Four methodologies are used to compute: traditional growth accounting, Divisia-translog, Econometric and Stochastic Frontier Approach. Results indicate that TFP improvement right after the 1980 crisis is not sustainable. Data on early 1990s show TFP being below zero. Focusing within the period, evidences of TFP differential across sectors are traced.

Citations

This publication has been cited time(s).

Briones, Roehlano M., 2012 "Addressing land degradation: Benefits, costs, and policy directions" , Philippine Institute for Development Studies
Cororaton, Caesar B., 2002 "Total factor productivity in the Philippines" , Philippine Institute for Development Studies
Cororaton, Caesar B. and Janet S. Cuenca, 2001 "Estimates of total factor productivity in the Philippines" , Philippine Institute for Development Studies
Briones, Roehlano M., 2010 "Scenarios and options for productivity growth in Philippine agriculture: An application of the Agricultural Multimarket Model for Policy Evaluation (ample)" , Philippine Institute for Development Studies
EABER, 2010 "Scenarios and options for productivity growth in Philippine agriculture: An application of the Agricultural Multimarket Model for Policy Evaluation (ample)" , East Asian Bureau of Economic Research

Contributor

Philippine Institute for Development Studies

Authors

Cororaton, Caesar B. Caparas, Maria Teresa

Keywords

total factor productivity; total factor productivity estimation

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Jul 06, 2013

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