Template-Type: ReDIF-Article 1.0 Author-Name: James Roumasset Author-Workplace-Name: University of Hawaii Title: Decentralization and Local Public Goods: Getting the Incentives Right Abstract: The paper addresses the nature and locus of appropriate government control in the provision of collective services. It suggests some useful principles |'ur determining organizational structures with the appropriate degree and form of decentralization, which is seen to be an important part of incentive compatibility. In the case of low-income housing, it cites the privatization of sites and services and the devolution of upgrading as two promising models of decentralization. Journal: Philippine Review of Economics Pages: 1-13 Volume: 26 Issue: 1 Year: 1989 Month: June File-URL: http://pre.econ.upd.edu.ph/index.php/pre/article/download/273/423 File-Format: Application/pdf Handle: RePEc:phs:prejrn:v:26:y:1989:i:1:p:1-13 Template-Type: ReDIF-Article 1.0 Author-Name: Arsenio M. Balisacan Author-Workplace-Name: University of the Philippines Title: Survey of Philippine Research on the Economics of Agriculture, Part I Abstract: The first of a three-part survey on the economics of Philippine agriculture, this paper focuses on empirical studies regarding the determinants of fertilizer use, and the role of input and output subsidies in agricultural development. Based on a simple conceptual framework for the analysis of resource use efficiency in agriculture, it interprets the results of empirical studies on fertilizer use in the Philippines. It also assesses the justifications typically advanced for input subsidies. Finally, lessons for policy and future research as gleaned from the survey of materials are pointed out. Journal: Philippine Review of Economics Pages: 14-46 Volume: 26 Issue: 1 Year: 1989 Month: June File-URL: http://pre.econ.upd.edu.ph/index.php/pre/article/download/274/427 File-Format: Application/pdf Handle: RePEc:phs:prejrn:v:26:y:1989:i:1:p:14-46 Template-Type: ReDIF-Article 1.0 Author-Name: Cristina C. David Author-Workplace-Name: International Rice Research Institute Title: ASEAN Economic Structure and Changes in Agricultural Protection Abstract: This paper analyzes changes in the economic structure as well as agricultural protection for four ASEAN countries — Indonesia, Malaysia, Philippines, and Thailand — from 1960 to 1982. The causes of change in agricultural protection are examined to infer the varying trends of the comparative advantage in agriculture. It compares the intersectoral pattern of protection and exchange rate policies to evaluate how much each country’s economic policies have hindered or promoted agriculture’s comparative advantage. Although the relative importance of the agricultural sector is seen to be declining in the ASEAN countrues studied, the trends in nominal protection rates do not clearly indicate when the switch from taxing to subsidizing agriculture observed in the process of economic development will occur. Journal: Philippine Review of Economics Pages: 47-66 Volume: 26 Issue: 1 Year: 1989 Month: June File-URL: http://pre.econ.upd.edu.ph/index.php/pre/article/download/275/424 File-Format: Application/pdf Handle: RePEc:phs:prejrn:v:26:y:1989:i:1:p:47-66 Template-Type: ReDIF-Article 1.0 Author-Name: Charles W. Lindsey Author-Workplace-Name: Trinity College, Hartford, Connecticut Title: Commodities, Technology, and Trade: Transnational Corporations and Philippine Economic Development Abstract: This paper assesses the impact of TNC investment on Philippine manufacturing in the areas of technology and skill, trade, and welfare. Based on the results of a questionnaire and interviews with managers of TNC-affiliated manufacturing firms, the following conclusions were reached: little technology is transferred; workers hired are among the more educated; skill development is halted; production is last-stage; local capital has difficulty competing with the [sic] products produced are generally accessible only to the affluent and aspiring middle class. Very little in the way of transition to export-manufacturing is occurring. Journal: Philippine Review of Economics Pages: 67-108 Volume: 26 Issue: 1 Year: 1989 Month: June File-URL: http://pre.econ.upd.edu.ph/index.php/pre/article/download/276/429 File-Format: Application/pdf Handle: RePEc:phs:prejrn:v:26:y:1989:i:1:p:67-108 Template-Type: ReDIF-Article 1.0 Author-Name: Aurora Sanchez Author-Workplace-Name: Institute of Developing Economies Title: Economic Growth and Stock Market Development Abstract: The paper examines Japan’s equity capital market to find out whether stock market development proceeds from, or precedes, economic growth. It first starts with a general description of the capital market, its principal players and the various methods of financing investment. It then explores the relationship of economic growth and capital market development, focusing on the Japanese experience. The empirical evidence illustrates the case of growth first before stock market development, a finding which could prove useful for developing countries planning to develop their capital markets. Journal: Philippine Review of Economics Pages: 109-140 Volume: 26 Issue: 1 Year: 1989 Month: June File-URL: http://pre.econ.upd.edu.ph/index.php/pre/article/download/277/425 File-Format: Application/pdf Handle: RePEc:phs:prejrn:v:26:y:1989:i:1:p:109-140 Template-Type: ReDIF-Article 1.0 Author-Name: Umar Juoro Author-Workplace-Name: Institute for Economic and Social Research Education and Information (LP3ES), Jakarta, Indonesia Title: The Determinants of Agglomeration Economies in Indonesia and the Philippines Abstract: The paper chiefly measures agglomeration economies in both the production and consumption sectors in Indonesia and the Philippines. Its empirical model estimates the returns to scale parameter which represents localization economies for three-digit manufacturing, and urbanization economies for the entire consumer service sector. Regression results confirm the role of agglomeration economies in explaining the concentration of producers and consumers in large urban areas. Agglomeration economies for the manufacturing sector are seen to arise from localization economies and those for the consumer service sector, from urbanization economies. The paper also features briefly a survey of literature on agglomeration economies, an assessment of industrial and consumer service distribution in the two countries, and policy recommendations. Journal: Philippine Review of Economics Pages: 141-171 Volume: 26 Issue: 1 Year: 1989 Month: June File-URL: http://pre.econ.upd.edu.ph/index.php/pre/article/download/278/426 File-Format: Application/pdf Handle: RePEc:phs:prejrn:v:26:y:1989:i:1:p:141-171