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: AIDS in the Philippines : New Estimates for Policy Analysis Abstract: Information about demand patterns and how they are likely to change as prices and income change is an extremely important input into the estimation of the welfare and distributional impact of technological change (or, alternatively, of economic policies). This paper employs the Deaton and Muellbauer's Almost Ideal Demand System (AIDS) to derive parameter estimates of consumer demand systems in the Philippines. The estimates are generally comparable with those obtained in other studies and, more importantly, are guaranteed to satisfy the restrictions of consumer demand theory. Creation-Date: 1992-01 Publication-Status: Published as UPSE Discussion Paper No. DP 1992-01, January 1992 Number: 199201 Handle: RePEc:phs:dpaper:199201 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 Characterization of Q-Matrices Abstract: Let K(M) denote the set of all q „¡ Rn such that the linear complementarity problem LCP(q,M) has a complementary solution. We show that (a) M is an S-matrix iff there is a q0 „¡ K(M) such that q0 < 0 and (b) M is a Q-matrix iff M is a Q0-matrix and an S-matrix. Creation-Date: 1992-02 Publication-Status: Published as UPSE Discussion Paper No. 1992-02, February 1992 Number: 199202 Handle: RePEc:phs:dpaper:199202 Template-Type: ReDIF-Paper 1.0 Author-Name: Ramon L. Clarete Author-Name-First: Ramon Author-Name-Last: Clarete Author-Workplace-Name: School of Economics, University of the Philippines Diliman Title: General Equilibrium Effects of Investment Incentives in the Philippines Abstract: A general equilibrium of the Philippine economy is to developed to analyzes the effects of investment incentives in the Philippines. The incentives consist of tax rebates and duty drawbacks on imported machineries of firms belonging to industries declared by the government as priority sectors. Three policy experiments are conducted with the model. In the first experiment, the tax incentives are withdrawn but the investment subsidies continue to be provided. In the second, investment subsidies are provided on a uniform rate basis. In the third experiment, both these experiments are simultaneously conducted. As expected, the user cost of the capital falls because of investment incentives. Investments fall the first and third policy experiments but fall in the second policy experiment. Equivalent income variations associated with these changes indicate that the incentives improve overall welfare. The study however cautions that the correct evaluation of the welfare impacts of investment incentives would have to be done in a dynamic rather than static framework as in this paper. Creation-Date: 1992-03 Publication-Status: Published as UPSE Discussion Paper No. 1992-03, March 1992 Number: 199203 Handle: RePEc:phs:dpaper:199203 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: Equivalence Scale and Poverty Assessment in a Poor Country Abstract: The paper uses household expenditure pattern to estimate equivalence scales for the cost of children in Philippine rural and urban areas. It then employs these estimates in determining aggregate poverty. The paper shows that the practice of assessing aggregate poverty based on total household expenditure (or income) tends to substantially overstate aggregate poverty. In the absence of applicable equivalence scales, much improvement in aggregate poverty assessment in poor countries can be obtained if some attempts are made to fully adjust even only for household size. Creation-Date: 1992-03 Publication-Status: Published as UPSE Discussion Paper No. 1992-04, March 1992 Number: 199204 Handle: RePEc:phs:dpaper:199204 Template-Type: ReDIF-Paper 1.0 Author-Name: Ramon L. Clarete Author-Name-First: Ramon Author-Name-Last: Clarete Author-Workplace-Name: School of Economics, University of the Philippines Diliman Author-Name: John Whalley Author-Name-First: John Author-Name-Last: Whalley Title: Immiserizing Growth and Endogenous Protection Creation-Date: 1992-04 Publication-Status: Published as UPSE Discussion Paper No. 1992-05, April 1992 Number: 199205 Handle: RePEc:phs:dpaper:199205 Template-Type: ReDIF-Paper 1.0 Author-Name: Susan Navarro Author-Name-First: Susan Author-Name-Last: Navarro Author-Workplace-Name: School of Economics, University of the Philippines Diliman Title: Index Crimes in the Philippines: An Econometric Study Creation-Date: 1992-05 Publication-Status: Published as UPSE Discussion Paper No. 1992-06, May 1992 Number: 199206 Handle: RePEc:phs:dpaper:199206 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 Poor During a Period of Macroeconomic Adjustment: The Philippine Case Abstract: The first part of the paper describe the character of poverty alleviation during the second half of the 1980s. It shows that much of the (limited) poverty alleviation achieved during this period is attributable to intrasectoral improvement in the distribution of living standards. The relative importance of distributional effects varies substantially across locations and sectors of employment. In agriculture, where nearly two-thirds of the total poverty are found, the average proportionate increase in the incomes of the poorest 40 percent of the population was substantially higher than the average for the total population. The second part employs a simulation analysis to assess the probable short-run impact on poverty of certain structural adjustment policies. The analysis combines the wealth of information available in households surveys with the information on changes in meso variables (e.g., product and factor prices) generated from a macroeconomic model. It is shown that aggregate poverty may increase during the transition to sustainable growth. Particularly vulnerable are the numerically- large small agricultural producers and landless workers who are net buyers of food. This suggests that the provision of safety nets to the poor during an adjustment period must go beyond the urban sector to include as well the adversely affected households in rural areas. Creation-Date: 1992-06 Publication-Status: Published as UPSE Discussion Paper No. 1992-07, June 1992 Number: 199207 Handle: RePEc:phs:dpaper:199207 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: On a Class of Semimonotone Qo-Matrices in the Linear Complementarity Problem Abstract: This paper is concerned with the class L* of nxn real matrices M for which the linear complementarity problem, w = Mz + q, w, O, z 0, wTz = 0, has a unique complementary solution for each q such that 0 „ q „ 0. It is shown that (a) L* lies strictly between L* and L1, the classes of strictly semimonotone and semimonotone matrices, respectively, (b) L*-matrices are Q0-matrices, and (c) L* is the largest class of Q-matrices in L*. Creation-Date: 1992-07 Publication-Status: Published as UPSE Discussion Paper No. 1992-08, July 1992 Number: 199208 Handle: RePEc:phs:dpaper:199208 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: Inflation in a Low-Income Country: Tests Based on the Quantity Theory of Money Abstract: An infation-rate equation derived from a money-demand model is tested using annual time-series data for the Philippines. A conventional econometric approach shows that money has a positive and significant effect. The result seems confirmed by some time-series techniques, which indicate that money growth Granger-causes inflation. Creation-Date: 1992-10 Publication-Status: Published as UPSE Discussion Paper No. 1992-09, October 1992 Number: 199209 Handle: RePEc:phs:dpaper:199209