PN 2021-04
The National Government's Role in Local Water Supply Delivery in the Philippines
Economic Triple Shock: Assessment and Remedial Measures
Policy Imperatives Moving Forward from the COVID-19 Crisis
A Results-Based Assessment of the Bayanihan to Heal as One Act
Publication Detail
DLSU-AKI Policy Brief, Volume XII, No. 6.: Potential Benefits of RCEP on the Philippines: Accelerating Recovery Through Trade and Other Economic Opportunities

The Philippines, as a member of ASEAN, is part of the RCEP, which is the world’s largest trading block in terms of population and GDP. RCEP was signed on November 15, 2020, by 15 member countries. This policy note discusses the potential effects of RCEP on the Philippines. Using a global CGE model calibrated to the most recent GTAP 10 database, the results indicate that the Philippines will benefit from higher exports, lower consumer prices, higher factor prices, and factor incomes of households. Among the Philippine sectors, the largest positive effects are observed in electronic equipment. Interestingly, the impact on the agriculture-food sector is also notable.

DLSU - Angelo King Institute for Economic and Business Studies - De La Salle University
Authors Keywords
Cororaton, Caesar, B. & Tiongco, Marites M.; Inocencio, Arlene, B; Tiongco, Marites, M.; ASEAN; RCEP; exports; CGE, trade;
Download PDF Number of Downloads
Published in 2021 and available for Downloaded 0 times since February 24, 2021
Please let us know your reason for downloading this publication. May we also ask you to provide additional information that will help us serve you better? Rest assured that your answers will not be shared with any outside parties. It will take you only two minutes to complete the survey. Thank you.

To use as reference:
If others, (Please specify):
Name: (optional)
Email: (required, but will not display)
If Prefer to self-describe, please specify:
Level of Education:
If employed either part-time or full-time, name of office:
If others, (Please specify):
Would you like to receive the SERP-P UPDATES e-newsletter? Yes No
Use the space below if you have any comment about this publication or SERP-P knowledge resources in general.