Economic Openness and Regional Development in the Philippines

Ernesto M. Pernia () and Pilipinas Quising ()
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Ernesto M. Pernia: Asian Development Bank
Pilipinas Quising: Asian Development Bank

No 34, ADB Economics Working Paper Series from Asian Development Bank

Abstract: This paper examines how economic openness influences regional development in the Philippines. It first looks at the disparities in economic and social indicators across the country's 14 regions and over time. Metro Manila continues to tower over the national economic landscape, though economic dispersal especially to the adjacent regions appears to be picking up. The paper then analyzes the determinants of regional development, using 5-year panel data. Trade openness appears to be beneficial to regional economic growth and—through growth—poverty reduction. However, it cannot by itself be expected to bring about more balanced regional development.

Keywords: economic development; economic openness; Philippines; regional development; trade openness (search for similar items in EconPapers)
JEL-codes: O11 O53 R11 (search for similar items in EconPapers)
Pages: 20 pages
Date: 2003-01-01
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Persistent link: https://EconPapers.repec.org/RePEc:ris:adbewp:0034

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