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Item Restricted Is the discount provision of the senior citizens act regressive? a social impact and expenditure analysis(2013-10) Alonzo, Paul Symon B.; Arcin, Alan Chester T.; Pernia, Ernesto M.The Senior Citizens Act of the Philippines. grants 20 pet:cent discount on selected goods and services to Filipino citizens aged 60 and above. Our study aims to evaluate the overall social and fiscal impacts of the senior citizens discount on policy. Moreover, we intend to determine whether the senior citizens discount is progressive or regressive. Our hypothesis is that the economically well-off senior citizens benefit more from the privileges granted by the Senior Citizens Act and thus, is regressive. To prove our hypothesis, we examine the consumption expenditure patterns of each income quintile on the goods and services subject to senior citizen discounts. Data from the 2003-2009 Family Income and Expenditure Surveys are used for the analysis. We also devised a mathematical method to determine the revenue foregone by the government because of the senior citizen discount. We find that based on consumption expenditure analysis, the consumption of poor senior citizens of goods and services subject to senior citizen discount is very small relative to more economically well-off senior citizens. Consequentially, the biggest share in the foregone revenue of the government due to senior citizen discount can be attributed to the spending by the economically well-off senior citizens. Therefore, the results suggest that Senior Citizens Act is largely regressive.Item Restricted Philippine consumption dynamics: an empirical study of the life-cycle profiles of household consumption and its broad components(2013-03) Juani, Angeli Grace; Alipio, Ma. Hannah Lara; Kraft, Aleli D.This paper examines the validity of the life-cycle hypothesis in the Philippine context primarily through a decomposition analysis of the age and cohort effects on consumption and its broad components. To control for the changes in household composition, it likewise employs the use of square root equivalence scale. Although hardly conclusive, findings reject many predictions of the basic life-cycle hypothesis and yet at the same time show sparse traces of patterns adhering to the said hypothesis. From these findings, the paper therefore questions the altogether rejection of the life-cycle hypothesis on the basis of Keynesian conjecture that consumption simply tracks income in the country. Henceforth the study calls for more robust research work on the topic, suggesting the use of conditioning variables and alternative equivalence scales in the analysis to account for the demographic effects. With regard to government policies, this study asserts that temporary income taxes might not be effective in stimulating or reducing demand in the economy. Steps to ease liquidity constraints and to encourage better handling of expenditures and savings must likewise be considered to be put into action.Item Restricted Taxation based upon consumption expenditures(1969-03-21) Ignacio, Ma. Corazon; Sicat, Gerardo P.Item Restricted Consumption expenditure patterns and standard of living of the Filipino family(1980-10-13) Mendoza, Renelin A.; Morris, Eva R.; Jurado, GonzaloItem Restricted Pera O Bayong: the effect of windfall money in the consumption pattern of the winners(2000-10) Aglibot, Rosana R.; Hernandez Jimmy P.; Lim, JosephItem Restricted Consumption of coal in the Philippines(1982-03) Tengco, Eden; Yap, Rosemarie