Exploring The Philippine Economic Landscape And Structural Change Using The Input-Output Framework
This paper explores the degree of structural change of the Philippine economy using the input-output framework. It examines how linkages among economic sectors evolved over 1979-2000, and identifies which economic sectors exhibited the highest intersectoral linkages. The authors find that manufacturing is consistently the key sector in the Philippine economy. Specifically, resource-intensive and scale-intensive manufacturing industries exhibit the highest linkages. They 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.