The Philippines is a developing country with strong commitment to the millennium development goals (MDGs). However, it faces challenges in closing MDG gaps, owing to mediocre growth, macroeconomic instability, and financing constraints. Since the 1990s, increases in per capita incomes have been...

The Philippines has made considerable progress in attaining the Millennium Development Goals (MDGs). However, achieving all the targets remains a daunting challenge, with goals for poverty, education, and maternal mortality unlikely to be attained by 2015. Focus has now shifted to informing the...

This study examines the impact of a potential Philippines-European Union (EU) free trade agreement (FTA) on the agricultural sector. Static analysis indicates that potential gains to the agricultural sector of the Philippines are limited, primarily owing to the low size of initial agricultural...

This article surveys existing forecasting models in the Philippines and discusses several promising alternatives in the process of developing a methodological modeling. Investigation of CGE models leads to the findings of the absence of population-environment interactions.

This article quantitatively investigates the economy-wide effects of increasing productivity in the following Philippine industrial sectors: food manufactures, light manufactures, consumer goods manufactures and capital goods manufacture. Using computable general equilibrium to emphasize...

Trade liberalization--particularly tariff reduction, which is the focus of this paper--triggers changes in both sectoral price ratios and domestic-foreign price ratios. These changes in turn cause a reallocation in production and resources, which lead to a contraction in some production sectors...

This study estimates a system of food demand equations utilizing nationally representative survey data. These estimates are then used to set-up a model that can use price and income changes from simulating a general equilibrium model to determine the impact of changes on macroeconomic policy on...

This article has been presented at the Workshop on Methods for Agricultural Policy Analysis held at the UP Los Baños on August 13-14, 1985. It outlines the features of the computable general equilibrium developed by the author and describes the modifications undertaken to fit the model into...

This study examines the general equilibrium effects of different export promotion policies on imports and production of importables and exportables. Unlike other studies, land as a factor input in the production function has been included. Thus, this article develops a three-factor production...

The GATT/WTO may affect the Philippine economy in three ways: through changes in tariff structure resulting from the country’s commitment in the Uruguay Round, through the expansion of world trade as developed and less developed countries adjust their protection structures and through the...