This paper describes the revised national level estimates of the 2007 Philippines NTA. The differences between the previous and the revised 2007 Philippines NTA Flow Accounts estimates are due to the change in the treatment of overseas Filipino workers` (OFW) remittances: treated as...

This paper compares the estimates of the 1999 and 2007 Philippine National Transfer Accounts (NTA) and examines the implications of using two alternative treatments or definitions of Overseas Filipino Workers' (OFW) remittances in the NTA. To reflect official definitions in the Philippine System...