This paper develops and constructs a database for TFP estimation at the aggregate level and at the nine major sectors. A comparison of TFP estimates for different countries is conducted. In addition, a methodology is developed for TFP computation, which is afterwards applied to existing...

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...

There are three major developments in the area of foreign trade in 1990s: (a) the WTO-Uruguay Round agreement in 1995; (b) the AFTA agreement; and (c) the series of unilateral trade reform programs of the government. The paper attempts to make an impact assessment of these reforms during the period...

Based on the chain of causality, R&D translates to innovation and to productivity/ technological progress, which ultimately leads to economic growth and prosperity. There exists a strong empirical support to positive relationship between effort levels in R&D and productivity. The objective of...

The paper employs an integrated CGE-microsimulation approach to analyze the possible effects of the Philippine-Japan bilateral agreements on unemployment, income distribution and poverty. The results indicate contraction in agriculture but expansion in industry, particular in the nonfood...

In the past one and a half decades, the Philippine government pursued major economic policy reforms. One of the key focused areas is the trade sector. Policy reforms included tariff reduction, simplification of tariff structure, and tariffication of quantitative restrictions. While some of the...

The objective of the paper is to draw technology-related policy lessons for the Philippines by examining Japan's experience in technological innovation after the second world war and by reviewing the present set-up of science and technology (S&T) in the Philippines. The paper argues that given...

Based on the chain of causality, R&D translates to innovation and to productivity/ technological progress, which ultimately leads to economic growth and prosperity. There exists a strong empirical support to positive relationship between effort levels in R&D and productivity. The objective of...

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...

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...