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...

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...

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...

Climate effects of unilateral carbon policies are undermined by carbon leakage. To counteract leakage and increase global cost-effectiveness carbon tariffs can be imposed on the emissions embodied in imports from non-regulating regions. We present a theoretical analysis on the economic...

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...

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...

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...

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...

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...

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...