Total Factor Productivity in the Philippines 135.0
Cororaton says TFP was negative for 35 years to 2000 Dr Caesar Cororaton, formerly of the Philippine Institute for Development Studies (PIDS), said in his paper that for 35 years through 2000, factor accumulation accounted for all growth and Technical Change (another name for TFP) was negative for most of the same period. From his [...]
Cororaton Says the Philippines Makes Nil Total Factor Productivity – 1 of 2
Note: This post has been re-written in a more accessible and longer style. Please click here for link to Post 135, the better version. The Philippine economy must be re-organized to provide a solid growth foundation. After reading Cororaton (2002-01 and 1996), I see no way to make Filipinos richer if we continue on the [...]
Krugman Explains ASEAN Innovation and Total Factor Productivity 11.0
Professor Paul Krugman won the 2008 Nobel Prize for research in trade and geography. He gets this post because of his paper “The Myth of Asia’s Miracle” in Foreign Affairs, 1994. The paper had different findings than the World Bank on the tiger economies of Asia. Krugman said that the miracle was nothing more than [...]
