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...

As suggested by vast literature, the Philippine economy has performed poorly over the last three decades due to deterioration in productivity. This paper provides an updated productivity estimates for the manufacturing industries over the period 1956-1992. This paper decomposes this industry...

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...

"Pakistan's economy relies heavily on its cotton and textile sectors. The cotton-processing and textile industries make up almost half of the country's manufacturing base, while cotton is Pakistan's principal industrial crop, supplying critical income to rural households. Altogether, the...

"The objective of this paper is to review the agricultural trade and domestic policies of the Philippines and to provide an assessment of the types and levels of domestic support relative to the rules of the World Trade Organization (WTO). Changes in trade protection and support in the...

"Cotton, textiles, and apparel are critical agricultural and industrial sectors in India. This study provides descriptions of these sectors and examines the key developments emerging domestically and internationally that affect the challenges and opportunities the sectors face. More than four...

"Cotton, textiles, and apparel are critical agricultural and industrial sectors in Pakistan. This study provides descriptions of these sectors and examines the key developments emerging domestically and internationally that affect the challenges and opportunities they face. One-quarter of...

This paper discusses the structure of the Philippine computable general equilibrium model (PCGEM). The model is a medium-sized CGE model of the Philippine economy. It disaggregates the production sector into 34 sectors. It incorporates 3 types of factor inputs; labor, variable capital and...

The quantitative restriction (QR) on rice will last until the end of 2004. The paper employs a computable general equilibrium (CGE) model to analyze the possible poverty and distributional effects of the removal of QR and the reduction in tariff on rice imports. Policy experiments indicate that...