Template-Type: ReDIF-Paper 1.0 Author-Name: Arsenio M. Balisacan Author-Name-First: Arsenio Author-Name-Last: Balisacan Author-Workplace-Name: School of Economics, University of the Philippines Diliman Title: The Political Contest for Land Reform in a Developing Country Abstract: This paper employs rent-seeking and public choice theory to explain the observation that land reform experience in the Philippines as well as in many other developing countries did not provide some degree of support for historical generalization as the East Asian experience. The analysis suggests that benefit-cost considerations on investments in political influence by proponents and opponents of land reform, affected the level of land transfer in these countries. Creation-Date: 1990-01 Publication-Status: Published as UPSE Discussion Paper No. DP 1990-01, January 1990 Number: 199001 Handle: RePEc:phs:dpaper:199001 Template-Type: ReDIF-Paper 1.0 Author-Name: Jose Encarnacion, Jr. Author-Name-First: Jose Author-Name-Last: Encarnacion, Jr. Author-Workplace-Name: School of Economics, University of the Philippines Diliman Title: Lexicographic Group Decision Abstract: Assuming lexicographic expected utilities; a solution to a group decision problem obtains from a repeated application of Pareto optimality. If unique, the solution is characterized by the Nash bargaining conditions suitably modified. Creation-Date: 1990-02 Publication-Status: Published as UPSE Discussion Paper No. 1990-02, February 1990 Number: 199002 Handle: RePEc:phs:dpaper:199002 Template-Type: ReDIF-Paper 1.0 Author-Name: Dante B. Canlas Author-Name-First: Dante Author-Name-Last: Canlas Author-Workplace-Name: School of Economics, University of the Philippines Diliman Title: Labor Force Participation in an LDC Abstract: An aggregate labor force participation rate model based on a neoclassical two-period labor-supply model is derived and estimated using annual time-series data for the Philippines. The findings cast doubts on LDC labor market models that posit an infinitely elastic labor supply curve. Creation-Date: 1990-03 Publication-Status: Published as UPSE Discussion Paper No. 1990-03, March 1990 Number: 199003 Handle: RePEc:phs:dpaper:199003 Template-Type: ReDIF-Paper 1.0 Author-Name: Emmanuel S. de Dios Author-Name-First: Emmanuel Author-Name-Last: de Dios Author-Workplace-Name: School of Economics, University of the Philippines Diliman Title: Parcellised Capital and Underdevelopment : An Interpretation of the Specific-Factors Model Abstract: Where capital markets are undeveloped and political differences among capital owners predominate, capital becomes "parcellised" and is, for all intents and purposes, "specific" to the parcel. The familiar specific-factors model then becomes applicable. Parcellisation results in lower output and wages. Openness to world capital markets accentuates these effects as well as leads to the paradox of capital flight even from a capital-scarce country. Unproductive rent-seeking activities to defend one's parcel and to acquire others lead to a Cournot-Nash equilibrium which may be Pareto-inferior. Creation-Date: 1990-04 Publication-Status: Published as UPSE Discussion Paper No. 1990-04, April 1990 Number: 199004 Handle: RePEc:phs:dpaper:199004 Template-Type: ReDIF-Paper 1.0 Author-Name: Raul V. Fabella Author-Name-First: Raul Author-Name-Last: Fabella Author-Workplace-Name: School of Economics, University of the Philippines Diliman Author-Name: Dante B. Canlas Author-Name-First: Dante Author-Name-Last: Canlas Author-Workplace-Name: School of Economics, University of the Philippines Diliman Title: Labor Migration, Consumption Scale Economies and Income Variance Abstract: Katz and Stark (1986) have proposed two reasons for rational workers to migrate to urban areas even when the urban expected income is lower than rural income. We propose to more, viz., scale economies in consumption and differential income variance in favor of the urban area. In each case, global risk aversion is retained. Creation-Date: 1990-04 Publication-Status: Published as UPSE Discussion Paper No. 1990-05, April 1990 Number: 199005 Handle: RePEc:phs:dpaper:199005 Template-Type: ReDIF-Paper 1.0 Author-Name: Emmanuel F. Esguerra Author-Name-First: Emmanuel Author-Name-Last: Esguerra Author-Workplace-Name: School of Economics, University of the Philippines Diliman Author-Name: Raul V. Fabella Author-Name-First: Raul Author-Name-Last: Fabella Author-Workplace-Name: School of Economics, University of the Philippines Diliman Title: Trader-Lenders in the Rural LDC Credit Market Abstract: We model the lending behavior of rural traders in a linked credit-output transaction. The likelihood of credit involvement with a trader rises with farmed area, with the combination of enforceability of repayment and demand elasticity and with the likelihood of procurement of marketable surplus by the trader. Data from the Philippines confirm these claims. Creation-Date: 1990-05 Publication-Status: Published as UPSE Discussion Paper No. 1990-06, May 1990 Number: 199006 Handle: RePEc:phs:dpaper:199006 Template-Type: ReDIF-Paper 1.0 Author-Name: Rolando A. Danao Author-Name-First: Rolando Author-Name-Last: Danao Author-Workplace-Name: School of Economics, University of the Philippines Diliman Title: A Top-down Econometric Model for a Philippine Region Abstract: This paper demonstrates the feasibility of constructing a supply-determined top-down econometric model for a Philippine region. The specification, estimation, historical simulation, and ex-post forecast of the model for Region 7 (Central Visayas) are presented. The simulations show that the model tracks the sample period and ex-post values fairly well. The model could serve as a prototype for the other regions. The regional models could form a system of satellite models that could be linked to a national model and could be used to determine regional forecasts consistent with a national forecast. Creation-Date: 1990-06 Publication-Status: Published as UPSE Discussion Paper No. 1990-07, June 1990 Number: 199007 Handle: RePEc:phs:dpaper:199007