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Summaries of Several PIDS Research Studies

Jun 01, 1988

DRN 1988 Vol. VI No. 2

In the continuing commitment of PIDS to research, this DRN issue features three research summaries on foreign trade barriers, public sector deficit an..

Development Research News

The Implications of the Stock Market Crash and the Philippine Economy

Jun 01, 1988

DRN 1988 Vol. VI No. 1

The crash of Wall Street on October 19, 1987, also called the “Black Monday”, has educed varied global reactions. In reviewing its general ..

Development Research News

An Analysis of Public Sector Expenditures, 1975-1985

Jun 01, 1987

WP 1987-05

The last decade has witnessed a very active government expenditure program in the Philippines. Although the country’s national government expenditur..

Working Papers

Comparative Bank Study: A Background Paper

Jun 01, 1987

WP 1987-04

Analysis of the performance of rural, private commercial and private development banks indicates that while private commercial banks has done intensiv..

Working Papers

Can the Informal Lenders be Co-opted Into Government Credit Programs?

Jun 01, 1987

WP 1987-03

It is generally known that non-financial institutions comprise an important source of credit for rural borrowers. Not only do informal loans involve l..

Working Papers

Costs of Agricultural Credit in the Philippines: The Short-run Effects of Interest Rate Deregulation

Jun 01, 1987

WP 1987-02

What are the effects of interest rate deregulation in the Philippine agricultural credit? This study attempts to answer this question by focusing on t..

Working Papers

Macroeconomic Adjustment in the Philippines, 1983-1985

Jun 01, 1987

WP 1987-01

This paper investigates the most recent Philippine balance of payments crisis that has started in October 1983. A lengthy discussion is made on the ma..

Working Papers

Background Paper for the Workshop on the “Impact Effects of Export Taxes Tariff Commission

Jun 01, 1987

TC-PIDS SP 1987-02

This paper provides a historical backdrop on export tax and premium duty that are imposed on the country’s export commodities such as minerals, coco..

Staff Papers

A Documentation of Import Licensing Procedures

Jun 01, 1987

TC-PIDS SP 1987-01

A thorough understanding of the process in securing import licenses is important. One, the procedure varies according to the requirements of the imple..

Staff Papers

The Structure of Rural Household Income and its Implications on Rural Poverty in Bicol, Philippines

Jun 01, 1987

SP 1987-05

Utilizing data from surveys conducted in Albay, Camarines Sur and Sorsogon, this paper shows that a decline in farm income with the shift of wo..

Staff Papers

The Capital Asset Pricing Model with Non-homogenous Expectations: Theory and Evidence on Systematic Risks to the Beta

Jun 01, 1987

SP 1987-04

This paper introduces the concept of non-homogeneity of expectations (NHE) among investors on the parameters of the probability distribution o..

Staff Papers

Residential Demand for Electricity and Pricing Policy Implications in a Developing Economy: The Philippine Case

Jun 01, 1987

SP 1987-03

Utilizing data on MERALCO residential consumers, this paper reveals that residential demand for electricity is responsive to its own price, the price..

Staff Papers