The purpose of this paper is to review and evaluate the existing works on tax revenue forecasting in the Philippines. The review is intended to provide insights on the particular problems involved in the formulation and estimation of a revenue-forecasting model and thus, set the stage for the...

While taxation is by far the most well researched area on public finance, there has been a dearth of studies conducted in the government expenditure, budget process and public debt arena. Moreover, the volume of studies conducted are heavily concentrated on the 1960s and on the 1970s, interest...

This paper provides an overview of the macroeconomic role and impact of Philippine public enterprises. In particular, it deals with its economic contribution on value-added, investment and employment. It also discusses the sector’s deficit and the impact of its finance on the national budget...

In this article, the author outlines the coverage and structure of the Philippines' value-added tax (VAT) on goods and services and discusses the problems in its administration as well as indicators of inefficiency, low effort and evasion that appear to be growing even worse. Making use of the...

From the administrative and policy perspective, determination of magnitude of tax evasion and an analysis of tax evasion levels are imperative so that authorities may evaluate the success or failure of the enforcement mechanism. This article discusses several approaches to and estimates of tax...

This paper is an assessment of the constraints and opportunities for capturing the gains from the devolution of environmental and natural resource (ENR) management and for engendering a more sustainable ENR management system in the Philippines. It provides a brief characterization of fiscal...

Fifteen years into the implementation of the Local Government Code of 1991, now is an opportune time to assess how this landmark legislation has contributed to (or detracted from) the achievement of local autonomy with accountability. The literature on fiscal decentralization suggests that these...

This study analyzes the effect of the interaction between domestic indirect taxes and tariff system to the market of particular goods. Computation of effective protection rates is provided and the implications of alternative indirect tax schemes are examined.

Governance is a complex concept. It includes the state’s institutions and structures, its decisionmaking process, its capacity to implement guidelines and the relationship between government officials and the public. Hence, this study attempts to develop a composite index of the quality of...

This article discusses the issue of establishing, as many countries have, an independent revenue authority. Such organizations are conventionally and explicitly founded to combat inefficiencies, corruption and the politicization of tax administration that are all too evident here in the...