Browsing by Author "Elumba, Nancy P."

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    Internal migration in the Philippines: a case study of construction workers in Metro Manila
    (1981-01) Ocay, Flodeliza F.; Elumba, Nancy P.; Arroyo, Gloria M.
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    Intra-industry trade and the role of MNCs in the manufacturing industry
    (1990-01) Elumba, Nancy P.; Fabella, Raul V.
    This study is an attempt to determine the extent of intra-industry trade in the Philippines using the National Statistics Office (NSO) trade data and the Philippines Standard Industrial Classification (PSIC) coding scheme. The focus of the study is the manufacturing industry. Intra-industry trade, or the export and import of products within the same industry, was earlier observed in industrialized countries although its existence in the LDCs was not ignored. The growing literature on this field has shown that intra- industry trade is not a matter of statistical aggregation, that finely disaggregated data do not make intra-industry disappear and that intra-industry trade measured at the 3-digit Standard International Trade Classification (SITC) statistics is already an "economically meaningful phenomenon". The study of intra-industry trade in the Philippines is an area that has not been explored much. In this paper, measuring intra-industry trade made use of the 3-digit PSIC and the corresponding NSO Product Standard Commodity Classification (PSCC) export and import statistics. A regression analysis was undertaken where the intra-industry trade ratios derived serve as the dependent variables. Industry characteristics such as scale economies, product differentiation, MNCs' export share and trade intensity were likewise determined and then used as the independent variables in the regression. The results show that intra-industry trade is significant in the Philippines and that the presence of MNCs play a significant role in Philippine trade. Moreover, there is an indication that intra-industry trade in the Philippines is increasing. Finally, it was observed that export performance and characteristics differ significantly between industries in manufacturing which should be taken into consideration in trade policy formulation.