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Item Restricted An analysis of Philippine public finance (1961-1970)(1972-01) Shih, Helen; Johnson, DudleyItem Restricted Determinants of the allocation of the up-proper budget among the different units(1983-01) Uy, Ma. Josefina T.; Miranda, Casimiro V.Item Restricted A critique of the debt to equity conversion program of the Philippines(1988-02) Agsaoay, Eunice J.; Socorro, Ma.Item Restricted Post-decentralization fiscal behavior of metropolitan Manila local governments: has there been a change?(2003-04-03) Danao, Merrianne V.; Daway, Sarah Lynne S.; Diokno, BenjaminHas there been a change in the fiscal behavior of the 17 Metro Manila local governments after decentralization? This paper intends to answer this main question using panel data analyses. We look at the fiscal behavior of local governments with respect to local revenue mobilization, expenditure allocation, and fiscal balance maintenance, before and after decentralization. The overall results that emerge suggest consequential changes in the fiscal behavior of Metro Manila local governments. On the local revenue-raising behavior, different clusters of local governments (original cities, newly-converted cities, and municipalities) have responded differently to higher intergovernmental grant (Internal Revenue Allotment). On the expenditure side, there has been a significant shift in expenditure priority from economic services to social services. And on the overall fiscal balance, a majority of the local governments increased their average fiscal surpluses (in absolute terms and as percent of total expenditures), though some have become less fiscally responsible.Item Restricted The sustainability of Philippine external debt(2003-04) Martinez, Goldie Anne C.; Tecson, GwendolynThe following study looks at the sustainability of external debt policies of the Philippines. Annual data from 1971-2000 was used. This paper is an application to Philippine data the study conducted by Jayme (2001) for Brazil's debt situation. External debt in the Philippines was juxtaposed with trade data to test for sustainability. In a nutshell, sustainability means that growth of outflows, which includes debt payment and imports, should be less that the growth of inflows.Item Restricted Tax expenditures in the Philippines: theory, measurement, and policy analysis(1986-03) Cala, Fernando P. II; Fernandez, Romeo Johann I.Item Restricted The Pagibig fund program: an analysis from the members' viewpoint(1984-10) Jusi, Lea C.; Parial, MarilouItem Restricted Political business and budget cycles in the Philippines: a preliminary study(2005-03) Chan, Yasmeen Carina C.This paper presents a preliminary study on political business and budget cycles in the Philippines based on the traditional opportunistic model of political business cycles and using the methods of trend analysis and simple regression to explore the existence of political cycles. Results indicate that political business cycles exist in the Philippines in general but are inconclusive for individual political periods. Political budget cycles on the other hand are not reflected at all in the Philippine macroeconomic data. Interesting though is the negative correlation between inflation and government expenditure contrary to the implications of political cycle theory predictions.Item Restricted Taxes and debt: is the ricardian equivalence applicable in the Philippines(2006-03) Padiernos, Justine E.; Isabida, Guy Pairo B.Traditional economic theory states that when the government cuts taxes and decides to run a deficit, the immediate response of consumers is to increase their demand of goods and services. An alternative view, the Ricardian Equivalence, however, claims the opposite. It presupposes that a debt-financed tax cut leaves consumption unaffected. It assumes forward-looking consumers who are aware of the higher future taxes as the consequence of the current debt-financed tax cut. Is the Filipino consumer a forward- looking consumer? Does Ricardian Equivalence hold true in the Philippines? This paper attempts to establish the relationship of per capita personal consumption expenditure with per capita income, per capita tax revenue, per capita domestic debt, and per capita foreign debt. It tries to show how consumer spending behavior responds to a debt-financed tax cut in general and by income groups.