3 research outputs found
The impact of trade, trade policy and external shocks on the Philippine economy based on the PIDS-NEDA macaroeconometric model
This report analyzes the impact of the external 'sector and
of Some economic policies on the Philippine economy ba'sed on the
reSultS of the simulations Suggested for this year's Model
Comparisons WOrkShop, The Simulation's were done uSing the latest
verSion of the PIDS-NEDA Annual Macroeconometric Model for the
Philippines.
ThiS report alSo deScribe's how the simulation's were carried
out and what adjustments and aSSumptionS were made. To allow a
better appreciation and understanding of the re'sult's, a brief description of the model structure iS presented with particular
emphaSiS on the external 'sector and itS linkages with the real
and financial SectorS.
The baseline Solution and the simulations were done for the
period 1980-1986. No constant adjustments were incorporated and
So the estimated values are not the Same aS the actual values,
although they are reasonably close to each other
The PIDS-NEDA Annual Macroeconometric Model version 1989 : a summary
The development of the PIDS-NEDA Macroeconometric Model is a
joint effort began• in 1985 by the Philippine •Institute for
Development •Studies (P!DS) and the National Economic and
Development Authority (NEDA). The main objective Was to come up
with a model ÂŁhat government economic Planners could use in
arriving at annual and medium-term•economic forecasts or targets
and in assessing the implications of various policy options.
The first version of the model consisting of 73 equations
started to be•used in •1986. This version was •formulated with the
end in • view•of•analyzing the impact of the country's economic
adjustment program which is usually formulated in connection with
ÂŁhe country's availment Of funding facility from the International
Monetary Fund (IMF)