A system of effective quantitative restrictions on the supply of imported commodities will raise domestic prices of imports to levels well above their landed cost, i.e., price plus taxes, tariffs, and a normal markup. In 1965, Pal estimated the magnitude of such scarcity premia for a number of...

This paper deals with the feasibility of a communal irrigation project in the Philippines where the farmer beneficiaries pay for the infrastructure cost and are responsible for the operating and maintenance cost of the irrigation system. A financial analysis from the investment, equity, and...