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A Review and Synthesis of Macroeconomic Models of the Philippines

Author

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  • Velasco, Virgilio T.

Abstract

While this paper tries to review the various macro econometric models that have not yet been developed for the Philippines after 1965, it makes no attempt to neither reconcile the different estimated parameter values of the various models nor compare projection results because it recognizes that the models use different sources of data covering different periods and is developed for different purposes. However, it argues that based on the observations made and insights drawn from these models, some preliminary specifications for a macro econometric model for development planning can be made.

Suggested Citation

  • Velasco, Virgilio T., 1979. "A Review and Synthesis of Macroeconomic Models of the Philippines," Working Papers WP 1979-02, Philippine Institute for Development Studies.
    • Handle: RePEc:phd:wpaper:wp_1979-02
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    File URL: https://www.pids.gov.ph/publication/working-papers/a-review-and-synthesis-of-macroeconomic-models-of-the-philippines
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    References listed on IDEAS

    as
    1. Mahar K. Mangahas & Jose Encarnacion, Jr., 1971. "A Production Submodel of the Philippine Economy, 1950-1969," UP School of Economics Discussion Papers 197126, University of the Philippines School of Economics.
    2. Romeo M. Bautista & Jose Encarnacion, Jr., 1971. "A Foreign Trade Submodel of the Philippine Economy, 1950-1969," UP School of Economics Discussion Papers 197128, University of the Philippines School of Economics.
    3. Jose Encarnacion, Jr., 1971. "Notes Toward Constructing Macroeconomic Planning Models for the Philippines," UP School of Economics Discussion Papers 197101, University of the Philippines School of Economics.
    4. Jose Encarnacion, Jr. & Romeo M. Bautista & Mahar K. Mangahas & Gonzalo M. Jurado, 1972. "An Economic Model of the Philippines with Projection Through 1976," UP School of Economics Discussion Papers 197205, University of the Philippines School of Economics.
    5. HOLLIS B. CHENERY & ARTHUR MACEwAN, 1966. "Optimal Patterns of Growth and Aid The Case of Pakistan," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 6(2), pages 209-242.
    Full references (including those not matched with items on IDEAS)

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    Keywords

    macroeconomic model;

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