Cororaton, Caesar B.; Zingapan, Socorro - Philippine Institute for Development Studies (PIDS), … - 1999
The paper argues that one of the major factors that led to the unsustained economic growth in the Philippines in the last 3 to 4 decades is low productivity. The paper surveyed empirical results on the Philippine total factor productivity (TFP) and has found that, indeed, TFP has been declining....