SERP-P: Socioeconomic Research Portal for the Philippines

This paper reviews the general structure of the following general computable general equilibrium (CGE): the APEX model, Habito’s second version of the PhilCGE model, Cororaton’s CGE model and Bautista’s first CGE model. These models are chosen as they represent the range of recently constructed CGE models of the Philippine economy. They also represent two schools of thought in CGE modeling: the well defined neoclassical, Walrasian, general equilibrium school where the market-clearing variable is the price, and the non-Walrasian or structuralist school where the market-clearing variable is quantity. Actual simulations using these models are conducted.

Citations

This publication has been cited time(s).

Rodriguez, U-Primo E., 2007 "State-of-the-art in Regional Computable General Equilibrium Modelling with a case study of the Philippines" , Agricultural Economics Research Association (India)
Rodriguez, U-Primo E., 2008 "Impacts of the Free Trade Area of the Pacific (FTAAP) on production, consumption, and trade of the Philippines" , Philippine Institute for Development Studies
Rodriguez, U-Primo E., 2008 "Impacts of the Free Trade Area of the Pacific (FTAAP) on production, consumption, and trade of the Philippines" , East Asian Bureau of Economic Research
Cororaton, Caesar B., 2003 "Analyzing the impact of trade reforms on welfare and income distribution using a CGE framework: The case of the Philippines" , Philippine Institute for Development Studies
Cororaton, Caesar B., John Cockburn, and Erwin Corong, 2005 "Doha scenarios, trade reforms, and poverty in the Philippines" , International Food Policy Research Institute (IFPRI)
Cororaton,Caesar B., John Cockburn, and Erwin Corong, 2005 "Doha scenarios, trade reforms, and poverty in the Philippines: A CGE analysis" , PEP-MPIA
Cororaton, Caesar B., John Cockburn, and Erwin Corong, 2005 "Doha scenarios, trade reforms, and poverty in the Philippines: A CGE analysis" , The World Bank

Contributor

Philippine Institute for Development Studies

Authors

Cororaton, Caesar B.

Keywords

tariff reduction; stabilization program; income distribution; computable general equilibrium (CGE); agriculture sector; input-output framework; devaluation; APEX model; export demand elasticity; balance of payments

Structural Adjustment Policy Experiments: The Use of Philippine CGE Models

Citations