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Item Restricted A study on public expenditures and regional growth(2016-12) Lagdameo, Jenah Flor G.; Revelo, Ann Marjorie N. ; Tan, Edita A.Over the past decade, wide differences in regional development— which is evident in the per capita GRDP of the different regions—have persisted in the Philippines. This paper analyzes the different factors that determine the economic development of the different regions in terms of its Per Capita Gross Regional Domestic Product (GRDP) over the time period 2000 to 2014. To do this, the researchers provided different regional characteristics and development indicators, and employed two econometric models for the empirical analysis—Fixed Effects and Ordinary Least Squares model. The study showed that there is a significant relationship between regional differences, fiscal decentralization, regional expenditures, and regional development. Some of the inconsistencies with the empirical results can be attributed to the limited data and estimation method used.Item Restricted Sorting out the impact of public investments on regional growth in the Philippines(2004-03) Mallari, Ivy Kristine Paras; Remo, Cecilia SantosThe main objective of this paper is to determine which public investments the government should prioritize in providing each region to attain economic growth. A modified production function based on several growth models is used as the basis for formulating an empirical model. The empirical findings, using data of Philippine regions for the years 1992-2001, lead to the conclusion that public investments in the form of infrastructure positively affect income or output growth. Moreover, the results suggest that the Philippine government should prioritize investing on education, transportation and communication facilities, specifically, schools, roads and bridges as well as telephone lines, in order to promote balanced regional growth. The study also finds that contrary to earlier results, investment in social infrastructure (education, in particular) positively affects growth. However, at least for the time frame considered, health facilities in the Philippines showed positive but insignificant effects on regional income growth.Item Restricted Geography and the correlates of regional growth in the Philippines(2010-03) Diaz, Pluto BurgosThere are two facts concerning the correlates of economic growth and geography that is common but is sometimes overlooked. One, all countries in the tropics except probably for Singapore are low or middle-income countries. [2] Two, a survey of the most common characteristics of the most advanced and strong economies of the world would include having a favorable geography. And yet almost all models on economic growth, from the Harrod-Domar model to Solow's Neoclassical model and its later extensions concerning endogenous technology, fail to incorporate any clear relationship concerning geography and growth. The closest attempt in including geographical factors is by citing that land productivity does matter, but even that hardly traces the importance of geography in growth, a fact that even Paul Krugman (1991) observes. In 1998, J. Gallup, J. Sachs, and A. Mellinger wanted to fill this gap in the literature by empirically showing the relationship between geography and economic growth in the world. Their study shed light on general geographic characteristics that affect gross domestic growth of countries. But what does geography have to do with the growth differences across regions in the Philippines? Or does geography even help explain the differences in growth patterns in the country? This paper is essentially an attempt to answer whether certain geographic characteristics are correlated with regional growth in the Philippines and the extent to which these geographic characteristics account for those differences.