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    Tropical cyclones and its effect on the Philippine economy from the years 1970 to 1987
    (1988-03) Celario, Mia May Horario; Ortega, Ma. Antonina Balicha; Tecson, Gwendolyn
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    Natural disasters and the Phlippine economy: an evaluation of the impacts of natural disasters on the national and sectoral outputs of the Philippines
    (2009-10) Bael, Shena K.; Sy, Ma. Sheena Jane M.; Tecson, Gwendolyn
    The study on the economic impacts of natural disasters had long been disregarded particularly due to the notion that they yield negative impacts on output. With the recent disasters experienced by the Philippines, there is a need to understand the effects of natural occurrences on the Philippine economy. This paper pioneers on the evaluation of the impacts of natural disasters on Philippine economic outputs. Employing a Blundell-Bond System GMM on a panel data set from 1980 - 2008, we determine the short and long run effects of natural disasters on national and regional GDP and sectoral outputs. It was found that natural disasters have different impacts depending on their type and the measure used. The number of climatic disaster occurrences . increases output in the short run and decreases it in the long run. The reverse is true for the number of geologic disaster occurrences. Disasters whose impacts are directed to people tend to decrease output while those whose impacts are directed on physical capital generally raise output. The Philippine Agriculture, Fishery and Forestry sector is the most unresponsive to the long run effects of natural disasters. Among the three island groups, Luzon, which experiences the most number of disaster occurrences, was found to be the most vulnerable.
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    Remittances and natural disasters: the response of remittances to natural disasters and the role of remittances on consumption
    (2010-10) Gochoco, Jose Bernardo B. III; Lazatin, Janine Elora M.; Kraft, Aleli
    The prevailing trend in migration and remittances around the world, especially in the Philippines and the frequency of natural disasters affecting the Philippines are the two motivations for this study. This study aims to answer two related questions. First, it asks how remittances respond to natural disasters. The second question focuses on the effects of remittance inflows, as being affected by disasters, on the consumption behavior of households. It asks how remittances affect household consumption and expenditure. The first question determines whether remittances are cyclical or counter cyclical to income shocks. Estimations of pooled cross-section Philippine regional data show that remittances in the regional level are counter cyclical, while estimations to answer the second question show that per capita expenditures on food, health, and education move in the same direction as remittances. The study emphasizes the importance of remittances to recipient households in coping with income shocks and it is recommended that policy promote remittance flows especially during times when the onset of natural disasters pose severe damages in order to help affected households provide for their expenditures on food, health, and education.