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Implementing US GDP in chained prices for cross-country GDP growth and sectoral comparisons: application to selected ASEAN countries
Philippine Institute for Development Studies, 2008GDP 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 comparisons in constant prices are analytically shaky even with the same base year.DocumentSpatial-tmporal dimensions of efficiency among electric cooperatives in the Philippines
Philippine Institute for Development Studies, 2008The efficiency of 119 electric cooperatives in the Philippines from 1990 to 2002 is analyzed using a stochastic frontier model augmented with spatial-temporal terms, addressing the underestimation of technical efficiency usually encountered among maximum-likelihood based methods.DocumentFinancial Services Integration in East Asia: lessons from the European Union
Philippine Institute for Development Studies, 2008Economic integration in the European Union has, arguably, been one of the most significant developments in the global economy in the last half-century. Other regions in the world, to a greater or lesser degree, appear to be in quest of a similar goal – the integration of their regional economies. What lessons could they learn from the European Union experience?DocumentPrice collection for the Consumer Price Index: a documentation
Philippine Institute for Development Studies, 2010The quality of poverty estimates relies heavily on the data sources. One of the sources of data for poverty estimation in the Philippines is the retail price collected by the National Statistics Office. The retail prices are used, along with or in the absence of price data of certain commodities from the Bureau of Agricultural Statistics, for costing the poverty thresholds.DocumentEconomic impact of international migration and remittances on Philippine households: what we thought we knew, what we need to know
Philippine Institute for Development Studies, 2009Several studies on the impact of international migration and remittances on household outcomes have been released recently. Many were found to have conflicting results. This paper attempts to shed light on the conflicting results by reviewing the empirical studies that use large-scale and nationally representative data sets from the Philippines.DocumentInvestment and capital flows: implications of the ASEAN economic community
Philippine Institute for Development Studies, 2009One of the objectives of the evolving ASEAN Economic Community (AEC) is to promote free investment flows and freer capital flows. By deepening economic integration among them, ASEAN member countries can establish a region-wide production base that will attract more foreign direct investment and strengthen the existing FDI-trade nexus in East Asia.DocumentShaping APEC: perspectives from the Philippines
Philippine Institute for Development Studies, 2007APEC’s vision of integrating the APEC has remained, for the most part, intangible. Cultural differences, socioeconomic disparity, and lack of a defined structure and leadership have been cited by many as major obstacles. Lately, there has been a proliferation of regional groups in Asia, creating an impression that APEC is no longer a priority for its members.DocumentTen years after: financial crisis redux or constructive financial integration and cooperation
Philippine Institute for Development Studies, 2007In response to the 1997 East Asian financial crisis many schemes were initiated to reform the international financial architecture. The proposed reforms had two wide-ranging objectives: (i) to prevent currency and banking crises and better manage them when they occur; and (ii) to support adequate provision of net private and public flows to developing countries, particularly low-income ones.DocumentSustaining Philippine advantage in business process outsourcing
Philippine Institute for Development Studies, 2005This study looked at the sustainability of the growth and development of business process outsourcing (BPO) in the Philippines. It was prompted by the sector`s spectacular growth in several of its subsectors, mainly contact call centers, medical transcription, animation, and software development.DocumentFinancing the Millennium Development Goals: the Philippines
Philippine Institute for Development Studies, 2007The improving fiscal situation in the Phili ppines presents an opportune time for the government to re-assess the resource requir ements of achieving the MDGs and to exercise greater vigilance in ensuring that the MDGs benefit from the fiscal space that has been created. In response, this study updated and expanded the earlier study on the financing of MDGs that was completed in 200 2.Pages
