We show that (1) a social ordering on R 0 that satisfies Strong Paretoness, Invariance with respect to a Positive Proportional Transformation and Lower Semi-Continuity does not exist and (2) that a social ordering or R 0 that satisfies Weak Paretoness, Invariance with respect to an Affine...

Local governments in less developed countries (LDCs) are generally faced with the problem of inadequate fiscal resources, with much more severity than their counterparts in the more developed countries. There are a number of reasons for this state of affairs. In a country where there is...

Under the various types of externality defined on the basis of which entity or entities are involved and the direction of the effect, diseases and other health and physical hazards are theoretically depicted using as conceptual framework the relationship between (a) production functions; (b)...

Based on a spatial development policy objective of continuous regional growth to reduce interregional gap and unemployment, the paper develops simple criteria for the regional allocation of public resources for development from a regional growth model that uses the well-known Harrod-Domar growth...

The revision of Economics, a textbook in elementary economics, using the Philippines as the basis of the study material, will be available in academic year 2003-4. The paper begins with a review of the antecedents of the efforts at the University of the Philippines School of Economics to improve...

This paper demonstrates the feasibility of constructing a supply-determined top-down econometric model for a Philippine region. The specification, estimation, historical simulation, and ex-post forecast of the model for Region 7 (Central Visayas) are presented. The simulations show that the...

The following note seeks to clarify the appreciation of data pertaining to agrarian reform as used in the discussion paper “CARP: time to let go” (henceforth Fabella (2014)). Fabella (2014) has three parts: the first part argues that “the cumulative weight of evidence suggests that the...