IDEAS home Printed from https://ideas.repec.org/p/eab/develo/22617.html
   My bibliography  Save this paper

Impact Assessment of National and Regional Policies Using the Philippine Regional General Equilibrium Model

Author

Listed:
  • Roehlano M. Briones

    (PIDS)

Abstract

For the Philippines, quantitative policy analysis should incorporate regional differences in welfare and economic structure, which arise partly from geographic constraints. However, existing CGE models offer limited analysis of regional effects or national impacts of region-specific interventions, owing to the absence of key regional data. This study formulates a regional CGE model that overcomes these limitations. Applications of the model yield the following results : i) completion of the tariff reform program in agriculture will contract some import-competing sectors in lagging regions, but improve welfare across all regions; ii) massive investments in marketing infrastructure promise bigger pay-offs, though with a trade-off between the size and spread of welfare gains across regions; iii) combining trade reform with marketing infrastructure investments mitigate some of the contractionary effects from the former; however the absence of welfare synergies suggest that the two sets of policies can be pursued independently.

Suggested Citation

  • Roehlano M. Briones, 2009. "Impact Assessment of National and Regional Policies Using the Philippine Regional General Equilibrium Model," Development Economics Working Papers 22617, East Asian Bureau of Economic Research.
    • Handle: RePEc:eab:develo:22617
    as

    Download full text from publisher

    File URL: http://www.eaber.org/node/22617
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Cororaton, Caesar B. & Cockburn, John & Corong, Erwin, 2005. "Doha scenarios, trade reforms, and poverty in the Philippines," MTID discussion papers 86, International Food Policy Research Institute (IFPRI).
    2. Caesar B. Cororaton & John Cockburn & Erwin Corong, 2005. "Doha Scenarios, Trade Reforms, and Poverty inthe Philippines: a CGE Analysis," Working Papers MPIA 2005-03, PEP-MPIA.
    3. Rietveld, Piet, 1989. "Infrastructure and Regional Development: A Survey of Multiregional Economic Models," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 23(4), pages 255-274.
    4. Intal, Ponciano Jr. S. & Ranit, Luis Osman, 2001. "Literature Review of the Agricultural Distribution Services Sector: Performance, Efficiency and Research Issues," Discussion Papers DP 2001-14, Philippine Institute for Development Studies.
    5. Caesar B. Cororaton & John Cockburn, 2006. "WTO, Trade Liberalization, and Rural Poverty in the Philippines: Is Rice Special? ," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 28(3), pages 370-377.
    6. Cororaton, Caesar B., 2006. "Analyzing the Impact of Trade Reforms on Welfare and Income Distribution Using a CGE Framework: the Case of the Philippines," Philippine Journal of Development PJD 2004 Vol. XXXI No. 1-, Philippine Institute for Development Studies.
    7. Habito, Cielito F., 1986. "A General Equilibrium Model for Philippine Agricultural Policy Analysis," Philippine Journal of Development JPD 1986 Vol. XIII Nos. 1, Philippine Institute for Development Studies.
    8. Ian Coxhead & Agnes Rola & Kwansoo Kim, 2001. "How Do National Markets and Price Policies Affect Land Use at the Forest Margin? Evidence from the Philippines," Land Economics, University of Wisconsin Press, vol. 77(2), pages 250-267.
    9. Cristela Dakila & Shoshi Mizokami, 2006. "A General Equilibrium Model of the Impact of Impedance Factor in Transport on Interregional Flows in the Philippines," EcoMod2006 272100015, EcoMod.
    10. Mark Partridge & Dan Rickman, 2010. "Computable General Equilibrium (CGE) Modelling for Regional Economic Development Analysis," Regional Studies, Taylor & Francis Journals, vol. 44(10), pages 1311-1328.
    11. repec:phd:pjdevt:jpd_1986_vol._xiii_nos._1&2-j is not listed on IDEAS
    12. Philip D. Adams & Mark Horridge & Glyn Wittwer, 2003. "MMRF-GREEN: A Dynamic Multi-Regional Applied General Equilibrium Model of the Australian Economy, Based on the MMR and MONASH Models," Centre of Policy Studies/IMPACT Centre Working Papers g-140, Victoria University, Centre of Policy Studies/IMPACT Centre.
    13. Yap, Josef T., 2002. "A Perspective on Macroeconomic and Economy-Wide Quantitative Models of the Philippines: 1990-2002," Discussion Papers DP 2002-09, Philippine Institute for Development Studies.
    14. Arsenio M. Balisacan & Hal Hill (ed.), 2007. "The Dynamics of Regional Development," Books, Edward Elgar Publishing, number 4178.
    15. Param Silvapulle & Sisira Jayasuriya, 1994. "Testing For Philippines Rice Market Integration: A Multiple Cointegration Approach," Journal of Agricultural Economics, Wiley Blackwell, vol. 45(3), pages 369-380, September.
    16. Montalvo, Jose G., 2006. "Regional evolutions in labor markets in the Philippines: A dynamic approach," Journal of Asian Economics, Elsevier, vol. 17(3), pages 448-477, June.
    17. Mendoza, Meyra Sebello & Rosegrant, Mark W., 1995. "Pricing behavior in Philippine corn markets: implications for market efficiency," Research reports 101, International Food Policy Research Institute (IFPRI).
    18. Ian Coxhead & Sisira Jayasuriya, 1995. "Trade and Tax Policy Reform and the Environment: The Economics of Soil Erosion in Developing Countries," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 77(3), pages 631-644.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Briones, Roehlano M., 2009. "Impact Assessment of National and Regional Policies Using the Philippine Regional General Equilibrium Model (PRGEM)," Discussion Papers DP 2009-03, Philippine Institute for Development Studies.
    2. Roehlano Briones, 2015. "Impact assessment of national and regional policies using the Philippine Regional General Equilibrium model," Philippine Review of Economics, University of the Philippines School of Economics and Philippine Economic Society, vol. 51(1), pages 45-76, June.
    3. Briones, Roehlano M. & David, Cristina C. & Inocencio, Arlene B. & Intal, Ponciano Jr. S. & Geron, Maria Piedad S. & Ballesteros, Marife M., 2012. "Monitoring and Evaluation of Agricultural Policy Indicators," Discussion Papers DP 2012-26, Philippine Institute for Development Studies.
    4. Kyophilavong, Phouphet & Senesouphap, Chanthachonh & Yawdhacksa, Somnack, 2012. "Resource Boom, Growth and Poverty in Laos: what can we learn from other countries and policy simulations?," PEP Policy Briefs 161661, Partnership for Economic Policy (PEP).
    5. IAN COXHEAD & Sisira Jayasuriya, "undated". "Economic Growth, Development Policy and the Environment in the Philippines," Wisconsin-Madison Agricultural and Applied Economics Staff Papers 430, Wisconsin-Madison Agricultural and Applied Economics Department.
    6. Rashid, Shahidur & Gulati, Ashok & Cummings, Jr., Ralph, 2008. "Grain marketing parastatals in Asia: Why do they have to change now?," IFPRI book chapters, in: Rashid, Shahidur & Gulati, Ashok & Cummings, Jr., Ralph (ed.), From parastatals to private trade: Lessons from Asian agriculture, chapter 2, pages 10-47, International Food Policy Research Institute (IFPRI).
    7. John Gilbert, 2008. "Agricultural trade reform and poverty in the Asia-Pacific region: a survey and some new results," Asia-Pacific Development Journal, United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), vol. 15(1), pages 1-34, June.
    8. Barbier,Edward B., 2007. "Natural Resources and Economic Development," Cambridge Books, Cambridge University Press, number 9780521706513.
    9. Reeder, Meyra M., 2000. "Asymmetric Prices: Implications on Trader’s Market Power in Philippine Rice," Philippine Journal of Development JPD 2000 Vol. XXVII No. 1, Philippine Institute for Development Studies.
    10. Ian Coxhead & Agnes Rola & Kwansoo Kim, 2001. "How Do National Markets and Price Policies Affect Land Use at the Forest Margin? Evidence from the Philippines," Land Economics, University of Wisconsin Press, vol. 77(2), pages 250-267.
    11. Cristela Dakila & Francisco G. Dakila Jr., 2006. "Modeling the Impact of Overseas Filipino Workers Remittances on the Philippine Economy," EcoMod2006 272100014, EcoMod.
    12. Michelle Gilmartin & David Learmouth & J Kim Swales & Peter McGregor & Karen Turner, 2013. "Regional Policy Spillovers: The National Impact of Demand-Side Policy in an Interregional Model of the UK Economy," Environment and Planning A, , vol. 45(4), pages 814-834, April.
    13. Arief Anshory Yusuf, 2008. "INDONESIA-E3: An Indonesian Applied General Equilibrium Model for Analyzing the Economy, Equity, and the Environment," Working Papers in Economics and Development Studies (WoPEDS) 200804, Department of Economics, Padjadjaran University, revised Sep 2008.
    14. Allan S. Layug & Ida Marie T. Pantig & Leilani E. Bolong & Rouselle F. Lavado, 2010. "Do barangays really matter in local services delivery? Some Issues and Policy Options," Governance Working Papers 22809, East Asian Bureau of Economic Research.
    15. Marcel Fafchamps & Julien Labonne, 2017. "Do Politicians’ Relatives Get Better Jobs? Evidence from Municipal Elections," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 33(2), pages 268-300.
    16. Coxhead, Ian A. & Jayasuriya, Sisira, 2003. "Trade, Liberalization, Resource Degradation and Industrial Pollution in Developing Countries: An Integrated Analysis," Staff Papers 12691, University of Wisconsin-Madison, Department of Agricultural and Applied Economics.
    17. Horridge, Mark & Madden, John & Wittwer, Glyn, 2005. "The impact of the 2002-2003 drought on Australia," Journal of Policy Modeling, Elsevier, vol. 27(3), pages 285-308, April.
    18. Lesley Welman & Sanette LA Ferreira, 2016. "The co-evolution of Saldanha Bay (town and hinterland) and its Port," Local Economy, London South Bank University, vol. 31(1-2), pages 219-233, February.
    19. Chang Seung & Edward Waters, 2010. "Evaluating Supply-Side And Demand-Side Shocks For Fisheries: A Computable General Equilibrium (Cge) Model For Alaska," Economic Systems Research, Taylor & Francis Journals, vol. 22(1), pages 87-109.
    20. Joseph J. Capuno, 2013. "Fiscal transfers and gerrymandering under decentralization in the Philippines," UP School of Economics Discussion Papers 201304, University of the Philippines School of Economics.

    More about this item

    Keywords

    computable general equilibrium; regional economics; agricultural development; marketing infrastructure; Trade Liberalization; welfare impact;
    All these keywords.

    JEL classification:

    • C68 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computable General Equilibrium Models

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eab:develo:22617. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Shiro Armstrong (email available below). General contact details of provider: https://edirc.repec.org/data/eaberau.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.