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• W2006011449 abstract "The Philippines is regarded as a highly oligopolistic economy, and it is argued that this is a cause of the relative stagnation of the economy to neighbouring East Asian economies. This presumption might be associated with increasing returns to scale and market power, which are consistent with the procyclical total factor productivity that is observed in the Philippines and the United States. However, this study found no strong evidence supporting increasing returns for aggregate manufacturing and three-digit manufacturing industries during 1956‐1980 in the Philippines, based on data constructed by Hooley (1985). Further, this study does not support the external effect discussed in Caballero and Lyons (1992)." @default.
• W2006011449 created "2016-06-24" @default.
• W2006011449 creator A5035196365 @default.
• W2006011449 date "2000-12-01" @default.
• W2006011449 modified "2023-09-27" @default.
• W2006011449 title "Procyclical Productivity and Returns-to-Scale in Philippine Manufacturing" @default.
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• W2006011449 doi "https://doi.org/10.1111/1467-8381.00115" @default.
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