An econometric model of industry, foreign trade, and economic development in philippines, 1990-2006
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Universidade de Santiago de Compostela
info
ISSN: 1578-4487
Year of publication: 2008
Volume: 8
Issue: 2
Pages: 193-208
Type: Article
More publications in: Applied econometrics and international development
Abstract
We analyze economic development in Philippines for the period 1990-2006, with special focus on inter-sectoral relationships and the role of foreign trade. We analyze the evolution of real value added of Agriculture, Manufacturing, Industry and Services, and we present an econometric model which shows the important and positive impact of manufacturing and foreign trade on economic development.
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