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  1. The unfinished agenda of trade liberalization in Philippine agriculture
    assessing the impact of reducing tariff and nontariff barriers
    Author: Briones, Roehlano M.
    Published: December 2020
    Publisher:  Philippine Institute for Development Studies, Quezon City, Philippines

    Much progress has been made in pursuing liberalization of agricultural trade in the Philippines. However, some significant tariff and non-tariff barriers remain. This study evaluates the economic impacts of completing the agenda of policy reform by... more

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    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 146
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    Much progress has been made in pursuing liberalization of agricultural trade in the Philippines. However, some significant tariff and non-tariff barriers remain. This study evaluates the economic impacts of completing the agenda of policy reform by removal of these remaining trade barriers. Scenario analysis using computable general equilibrium modeling finds that trade liberalization is associated with a more rapid expansion in imports and a wider agricultural trade deficit; slower growth of agricultural GDP and wages; higher overall GDP and higher industry- fiscal position and national savings. Liberalization radically accelerates growth of imports for Hogs, and Sugar, while slowing down export contraction of Coconut, Banana, Mango, and most other exports. It slows down output growth of most import substituting goods, while accelerating output growth of export-oriented sectors. Trade liberalization also accelerates growth in per capita consumption, as well as total per capita expenditure. Lastly, it increases social welfare, though the gain is small in relation to base year expenditure.

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/241031
    Series: Discussion paper series / Philippine Institute for Development Studies ; no. 2020, 42 (December 2020)
    Subjects: Tariffs; non-tariff barriers; trade liberalization; agriculture; computable general equilibrium modeling
    Scope: 1 Online-Ressource (circa 34 Seiten), Illustrationen