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The Philippine economic growth has been highly unstable in the last 20 years. From an erratic pattern, it has recovered in the early 1990’s. Whether this growth momentum is sustainable especially in the light of the recent financial crisis depends heavily on the strengthening of factors deemed...
Persistent link: https://www.econbiz.de/10005439632
This paper uses a CGE mircosimulation approach to analyze the effects of tariff reduction on poverty and income inequality. The approach relaxes the representative household assumption in the traditional CGE modeling by replacing household groups with individual households. As such the approach...
Persistent link: https://www.econbiz.de/10005439636
Using a computable general equilibrium model of the Philippine economy, it is observed that the impact of an oil price change is negative. It is negative not only in terms of economic growth, but also in terms of income inequality and welfare. Can the effect be lessened? The paper argues that...
Persistent link: https://www.econbiz.de/10005439637
The paper looks into the S&T/R&D-MNAAP by examining whether the strategies, programs and activities set are able to address the real issues surrounding the S&T sector. The paper discusses the major insights drawn from the recent study conducted by PIDS on R&D and compares these with the programs...
Persistent link: https://www.econbiz.de/10005439663
Recently, one of the most highly controversial reforms implemented in the Philippines is the trade reform program. It includes tarrification of quantitative restrictions, the simplification of tariff rates structure and the reduction in the tariff protection. This paper discusses the effects of...
Persistent link: https://www.econbiz.de/10005439664
Accounting for the 1988-1992 trade reforms undertaken by the government, this paper simulates its economic effects in nominal tariff rates and implicit tariff rates using the APEX model/computable general equilibrium model of the Philippine economy
Persistent link: https://www.econbiz.de/10005439671
The paper assesses the impact of trade reforms in the Philippines on pollution using CGE model simulations and two industry case studies on sugar milling and refining and cement manufacturing. Generally, trade reform is output augmenting and welfare improving. The overall impact on pollution is...
Persistent link: https://www.econbiz.de/10005439674
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/10005439699
While the Philippines has enjoyed a sharp increase in non-trade financial inflows since 1980s, analysis shows that the experience is not unique, as it has been observed to occur in most developing countries. By conducting regression experiments relating the remittances of personal income with...
Persistent link: https://www.econbiz.de/10005439723
The paper examines the process of technological innovations in Japan by looking at the following factors: the initial conditions, the economic environment in which economy was operating, the goals and strategies pursued, institutions established, economic policies implemented, programs...
Persistent link: https://www.econbiz.de/10005439727