This paper aims to analyze how contracts are determined and modified given diverse agricultural settings and to examine the implications of these changes with respect to their efficiency, distribution, and sustainability. The contract model presented here differs from previous contract models as...

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...

This paper examines the economy-wide impacts of a Free Trade Area of the Asia Pacific (FTAAP) on the Philippine economy. In particular, it uses an applied general equilibrium model to determine the effects of alternative scenarios on aggregate and sectoral outputs, consumption, and international...

The paper discusses the state of the Philippine garments industry, with specific focus on its competitiveness and logistics infrastructure, and how the industry can make use of the prospective Free Trade Agreement with the US. With the signing of the Agreement on Textiles and Clothing on January...

GDP in constant prices of ASEAN countries suffers from substitution bias by ignoring relative price changes and makes GDP growth and shares dependent on the base year. These analytical deficiencies led the US since the mid-1990s to convert GDP from constant to chained prices. Thus, cross-country...

Apart from their nutritional value, vegetables contribute to the farmer’s income when sold locally and to the country’s foreign exchange when sold in the export market. Vegetable production, packaging, processing and storage likewise provide employment to people. In the face of economic...

The paper provides a background for services trade negotiations with Japan. It summarizes various discussions on international trade in services, the challenge of further services trade liberalization, and the rise of regional trade agreements. It discusses the different modalities of services...

This paper constructs a framework for and reviews studies on property rights reforms in the agricultural and natural resources sector. In the case of agrarian reform, several hypotheses are posited: that agrarian reform will increase the rate of capital accumulation of beneficiaries and improve...

This paper comprehensively reviews the developments in the education and labor markets in the Philippines in the past 25 years. It highlights the trends on how the labor market used educated workers. It also reviews how education has contributed to national development. Furthermore, it...

This paper focuses on the legal environment, particularly the insolvency system, that would influence the success of Philippine Special Purpose Vehicles (SPVs), also known as asset management companies (AMCs) in other countries. Since SPVs will have to operate under a given insolvency regime...