One important feature of the Philippine System of National Accounts (PSNA)
is the integration of supply and use tables as well as symmetric input-output
tables into the system. Aside from providing a framework for statistical
coordination, these tables strengthen the analytical power of the PSNA by
providing a breakdown of the production account, the generation of income
account and the goods and services account which make them useful in
analyzing the link between final demand and industrial output levels.
Despite its potential as an analytical tool, the input-output tables of the
Philippines have not been compiled with strict regularity and have not been
disseminated effectively. The tables have been compiled for 1961, 1965, 1969,
1974, 1979, 1985, 1988 and 1994 with updates in 1983 and 1990. Thus, the
utilization of these tables has nowhere been near optimal.
This paper presents approaches and strategies to improve the compilation
and enhance the relevance of the input-output tables in monitoring the
performance of the Philippine economy. It also shows computations to illustrate
the uses of these tables.