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This paper reviews the general structure of the following general computable general equilibrium (CGE): the APEX model, Habito's second version of the PhilCGE model, Cororaton's CGE model and Bautista's first CGE model. These models are chosen as they represent the range of recently constructed...
Persistent link: https://www.econbiz.de/10011935718
This paper has two objectives: determination and assessment how the existing empirical household models capture the effects of changes in macroeconomic variables on the welfare of the Filipino household and identification of research gaps in the literature. For some of the Philippine models to...
Persistent link: https://www.econbiz.de/10011935720
The analysis of micro impacts of macroeconomic adjustment policies (MIMAP) has been extended to the environment and natural resources sectors. This research is devoted for the review of the different macroeconomic models and microeconomic valuation methods in the analysis of the sector. In...
Persistent link: https://www.econbiz.de/10011935721
Despite potential benefits from Medicare, many Filipinos are indifferent, if not hostile to the program due to the perceived widespread corruption and red tape in the processing of claims. Hence, economic evaluation of Medicare is necessary for the identification of the strengths and weaknesses...
Persistent link: https://www.econbiz.de/10011935745
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...
Persistent link: https://www.econbiz.de/10011935790
Utilizing the Jemio and Vos Financial Computable General Equilibrium, this paper presents the simulation results of the economic adjustments during 1987-1993, focusing on the impact of the adjustments on factor payments, income distribution and on macroeconomy such as GDP, prices and sectoral...
Persistent link: https://www.econbiz.de/10011935791
The purpose of this paper is to assess the economic impact of tariff eliminations under free trade agreement (FTA) of Pakistan and China on various macroeconomic and trade variables. The objective is to scrutinize the pre and post effect of Pakistan and China FTA on macroeconomic factors like...
Persistent link: https://www.econbiz.de/10011938551
In this study we use Taiwan as a case study to provide an economy-wide analysis of impacts on Taiwan of WTO tariff reduction schemes with different combinations of thresholds and reduction rates. The model we utilized in this study is Taiwan General Equilibrium Model with a WTO module...
Persistent link: https://www.econbiz.de/10009442492
The outbreak of foot-and-mouth disease (FMD) in 1997 has resulted in significant losses to Taiwan's hog industry which was the most important industry in Taiwan's agricultural sector at that time. Hog farmers have suffered great losses due to the cost of slaughtering infected hogs and reduced...
Persistent link: https://www.econbiz.de/10009442892
Low international wheat prices, caused by tariffs and subsidies in developed countries, have been blamed for causing financial difficulty to South African farmers. While indignation at unfair trade practices may be valid, it does not necessarily follow that protection of the local industry is...
Persistent link: https://www.econbiz.de/10009443302