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 [...]
Technical Change and Economic Theory – A great book find in September 113.0
The past week was busy and eventful. Forgive the hiatus in my posts. Firstly, I won two game-nights with my poker friends after four weeks of no contests. Great! Secondly, I finally acquired my copy of a second-hand book, Technical Change and Economic Theory also called IFIAS 6. Better!!
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 [...]
National Innovation Systems – US NIC Global Trends 2025
China and India seem to be much in the rear view mirror of the US National Intelligence council. The National Intelligence Council (NIC) contracted for a study on National Innovation Systems (NIS). The concern was that, to paraphrase, early adoption by India and China of technologies where they are not burdened by historical patterns of [...]
