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Macroeconometric models have proven to be a useful tool in analyzing the economy-wide or sector-specific effects of policy measures. Simulations using these models have enabled planners and policymakers to trace through the effects of proposed policy changes or external shocks as well as...
Persistent link: https://www.econbiz.de/10005432652
This paper explains the gaps between official objectives and the actual accomplishments of the Aquino government, with an emphasis on the implementation record of agricultural-based strategies. Summary of the lessons learned is provided.
Persistent link: https://www.econbiz.de/10005209069
by the advent of cointegration analysis, vector autoregressive (VAR) systems, and dynamic stochastic general equilibrium …
Persistent link: https://www.econbiz.de/10005685771
The output gap is the difference between the economy’s actual output and potential output, with the latter being the level of production consistent with existing labor, capital and technology. There are several key issues surrounding the output gap in the context of inflation-targeting. One is...
Persistent link: https://www.econbiz.de/10005785193
mobilization of rural savings through innovative mechanisms. Utilizing the results from various surveys, this article examines how …
Persistent link: https://www.econbiz.de/10005092652
The aggregate nature of the accounts of the social accounting method constructed for the Philippine economy has led to the macroeconomic Social Accounting Framework. This article reports on its construction method and its relation to existing data sources. Some general conclusions about data...
Persistent link: https://www.econbiz.de/10005092731
factors in rural economy that can contribute to the performance of rural savings mobilization. …
Persistent link: https://www.econbiz.de/10005092792
Using a three-gap model, it can be shown that a reduction in the tariff level will lead to an unambiguous decline in the GDP growth rate if it results in a reduction of the surplus of the government’s primary account. Empirical results using Philippine data show that this condition is...
Persistent link: https://www.econbiz.de/10005092805
the margin. This contrasts with the higher savings rate for urban households in various regions, attributable for their … higher incomes. Marginal savings rate for rural households are higher than for their urban counterparts. Faster growth of … rural income need not result in lower aggregate savings. …
Persistent link: https://www.econbiz.de/10005092886
incomes need not result in lower aggregate savings. …
Persistent link: https://www.econbiz.de/10005685892