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Please use this identifier to cite or link to this item: http://hdl.handle.net/2344/554

タイトル: Procyclical Productivity and Returns-to-Scale in Philippine Manufacturing
著者: Yamagata, Tatsufumi
山形, 辰史
キーワード: Procyclical productivity
Business cycles
Returns to scale
Philippines
生産性
景気循環
規模の経済
フィリピン
Issue Date: Dec-2000
出版者: Blackwell Publishing
引用: Asian Economic Journal 14.4 (2000.12): 389-414
抄録: The Philippines is regarded as a highly oligopolistic economy, and it is argued that this is a cause of the relative stagnation of the economy to neighbouring East Asian economies. This presumption might be associated with increasing returns to scale and market power, which are consistent with the procyclical total factor productivity that is observed in the Philippines and the United States. However, this study found no strong evidence supporting increasing returns for aggregate manufacturing and three-digit manufacturing industries during 1956-1980 in the Philippines, based on data constructed by Hooley (1985). Further, this study does not support external effect discussed in Caballero and Lyons (1992).
URI: http://hdl.handle.net/2344/554
Appears in Collections:99.その他の雑誌/ Other title
01.経済、産業(Economy and Industry)/東南アジア(Southeast Asian Studies)

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