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This paper provides the most recent estimates of the basic parameters in shadow pricing, namely the shadow exchange rate, the marginal productivity of capital and the opportunity costs. It also enumerates the procedures for parameter estimation for future use. It clarifies the differences between approaches and traces their impact on the parameters used in order to easily shift from one approach to another.

Citations

This publication has been cited time(s).

Briones, Roehlano M., 2012 "Addressing land degradation: Benefits, costs, and policy directions" , Philippine Institute for Development Studies
Pineda, Virginia S, 1997 "Effects of the uniform 5% tariff on manufacturing" , Philippine Institute for Development Studies
Anderson, Kym, 1994 "Food price policy in East Asia" , Asia Pacific School of Economics and Government, The Australian National University

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Contributor

Philippine Institute for Development Studies

Authors

Medalla, Erlinda M. Pineda, Virginia S. Tan, Elizabeth S. Querubin, Rosario G. del Rosario, Cecille M.

Keywords

econometric modeling

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Since
Jul 10, 2013

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Reestimation of Shadow Prices for the Philippines