Economics, Econometrics and Finance
4 years ago

Free Trade Agreements Boost Philippine Industry Growth and Productivity

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RePEc: Research Papers in Economics
Impact of FTA on Philippine industries: Analysis of network effects
Francis Mark A. Quimba, Mark Anthony A. Barral, Maureen Ane D. Rosellon, Sylwyn C. Calizo

Paper Summary

Trade agreements have a big impact on the Philippines' economy. A study looked at how Free Trade Agreements affect different industries in the country. They found that imports from FTAs help industries grow and make workers more productive. However, these imports can also lead to job losses. Overall, the study shows that FTAs have both positive and negative effects on the Philippine economy.

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