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dc.contributor.authorMagtibay-Ramos, Nedelynen_US
dc.contributor.authorEstrada, Gemmaen_US
dc.contributor.authorFelipe, Jesusen_US
dc.description.abstractThis paper explores the degree of structural change of the Philippine economy using the inputoutput framework. It examines how linkages among economic sectors evolved over 1979-2000, and identifies which economic sectors exhibited the highest intersectoral linkages. We find that manufacturing is consistently the key sector in the Philippine economy. Specifically, resourceintensive and scale-intensive manufacturing industries exhibit the highest linkages. We also find a growing impact on the economy of private services and transportation, communication, and storage sectors, probably due to the globalization of these activities. Overall, however, the services sector exhibits lower intersectoral linkages than the manufacturing sector. We conclude that the Philippines cannot afford to leapfrog the industrialization stage and largely depend on a service-oriented economy when the potential for growth still lies primarily in manufacturing.en_US
dc.publisherLevy Economics Institute of Bard College Annandale-on-Hudson, NYen_US
dc.relation.ispartofseriesWorking paper, Levy Economics Institute 631en_US
dc.subject.keywordinput-output analysisen_US
dc.subject.keywordlinkage indexen_US
dc.subject.keywordmultiplier product matrixen_US
dc.subject.keywordstructural changeen_US
dc.titleExploring the Philippine economic landscape and structural change using the input-output frameworken_US
dc.typeWorking Paperen_US
Appears in Collections:Working Papers, Levy Economics Institute of Bard College

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