Social and Behavioral Sciences Commons^™

The Effect Of Safety Net Generosity On Maternal Mental Health And Risky Health Behaviors, Lucie Schmidt, Lara D. Shore-Sheppard, Tara Watson

Economics: Faculty Publications

Single mothers are more likely to experience mental health problems and stress-related negative health behaviors, but a more generous safety net may improve these outcomes. We use a simulated safety net eligibility approach that accounts for interactions across safety net programs and relies on changing policies across states and time to identify causal effects of safety net generosity on psychological distress and risky behaviors of single mothers. Results suggest that a more generous safety net is protective of maternal mental health: a $1000 increase to the simulated potential combined cash and food benefit package reduces severe psychological distress by 8.4 …

Monitoring The Philippine Economy State Of The Economy Report, Mitzie Irene P. Conchada, Lawrence B. Dacuycuy, Jesus Felipe, Desher Edgar Empeño, Brendan Emmanuel A. Miranda

Angelo King Institute for Economic and Business Studies (AKI)

The Philippine economy recovered from the COVID-19 pandemic during 2022. It posted a very high annual growth rate, 7.6%, although this must be understood in the context of a low base. AKI’s State of the Economy Report focuses on three issues in the context of the new Administration’s 8-Point Socioeconomic Agenda and the Philippine Development Plan 2023-2028: growth, inflation, and the fiscal deficit and national debt. Overall, we have a positive view of the economy over the medium and long-term. However, we argue that:

-The focus of economic policy has to shift decisively toward changing the structure of the economy …

Philippine Structural Transformation - With Or Without Maharlika, Jesus Felipe, Mariel Monica R. Sauler, Gerardo L. Largoza, Lawrence B. Dacuycuy, Christopher James R. Cabuay, Jason P. Alinsunurin, Arlene B. Inocencio, Albert E. Lamberte, Natasha Amber Y. Cabiltes

Angelo King Institute for Economic and Business Studies (AKI)

It appears the Maharlika Investment Fund (MIF) is a fait accompli. As we write, our finance officials are in New York and Toronto, pitching the MIF to international bankers and representatives of Middle East sovereign wealth funds. This means once President Marcos, Jr. affixes his signature, a newly-created Maharlika Investment Corporation (MIC) will pool, before the year is over, PhP 75 billion in seed capital from the LandBank and Development Bank of the Philippines. With a further PhP 50 billion plus two full years of dividends from the Bangko Sentral ng Pilipinas (BSP), its nine directors, all presidential appointees, will …

Economic Transformation And Growth In The Philippines: An Analysis Of Political Settlements, Rents, And Deals, Jesus Felipe, Desher Edgar Empeño, Brendan Emmanuel A. Miranda

Angelo King Institute for Economic and Business Studies (AKI)

The main gateway for the Philippines to develop and become an upper-middle-income economy—and eventually, a high-income economy—is to expedite the shift of workers out of agriculture and to produce and export more complex products with a higher income elasticity of demand. The actual growth rate is constrained by the balance-of-payments equilibrium growth rate, about 6%—the maximum the country can attain without incurring balance-of-payments problems. We use the Pritchett-Sen-Werker political-economy framework to analyze the role of different types of firms and the deals environment during successive Philippine administrations until the current one. Due to their economic size and political power, only …

What Russia-Ukraine Conflict May Imply For The Future Of Dollar-Centered Monetary System, Jesus Felipe

Angelo King Institute for Economic and Business Studies (AKI)

AGLOBAL financial summit held in Paris some days ago reached a "new" global pact to help developing countries deal with poverty, climate change and debt. Part of the solution? More "funds," that is, debt. Ironically, nobody at the Paris summit questioned the current monetary system, which is at the root of the debt problem.

Coincidentally, a recent article in the journal Real-World Economics Review (http://www.paecon.net/PAEReview/issue104/Spano) argues that one of the potential consequences of the Russia-Ukraine war could be the demise of the US dollar as the international unit of account. If this materializes, the international monetary system may change significantly. …

Examining The Inclusiveness Of Philippine Growth From 1991 To 2015: The Role Of Household Human Capital Inequality And Source Of Growth, Geoffrey Ducanes

Economics Department Faculty Publications

Defining inclusive growth as growth that has benefited the households who have the lowest human capital levels, this study examines the inclusiveness of economic growth in the Philippines in the past two decades. Combining information from the Labor Force Survey and Family Income and Expenditures Survey for various years, including a panel of 6,500 households from 2003 to 2009, this study classifies households into ordered groups based on human capital level, then compares the performance of the various groups in terms of various employment, income, and expenditure outcomes over time. It finds the evidence to be mixed, although the weight …

Quality Of Growth And Poverty In Low Income Countries: The Role Of Manufacturing, Raul V. Fabella, Sarah Lynne S. Daway-Ducanes, Geoffrey Ducanes

Economics Department Faculty Publications

Both the Millennium Development Goals (MDGs) which ended in 2015, and its replacement the Sustainable Development Goals (SDGs) of the United Nations which will end in 2030, target the eradication of poverty. The 2020 Covid pandemic has seriously worsened poverty incidence in many low income countries, and recovering lost ground is paramount. As low income economies try to establish a new normal, they need to aim not only for higher overall economic growth but also for a higher quality of economic growth for improved inclusion outcome. Higher quality means more inclusion per unit growth. We discuss how for the same …

Black And Battered: The Impact Of The Violence Against Women Act On Women Of Color, Antonia D. Adams

Senior Theses

Domestic violence is the intentional act of someone exerting control to harm another person. Domestic violence can impact individuals of all genders, ethnicities, and backgrounds. However, domestic violence has a disproportionate impact on Black women over their white counterparts. By analyzing raw SLED data, as well as peer-reviewed articles and personal interviews, this paper will explore whether the Violence Against Women Act (VAWA) helped Black women, or if it failed to protect them. The hypothesis is that VAWA did not address the unique needs that Black women faced in domestic violence. Due to the myriad of circumstances that Black women …

Navigating Investor Expectations, Yong Hsin Ning, Yvette Lim

Asian Management Insights

Why start-ups need to speak the language of numbers.

Where The World Is Heading In 2023 And Beyond, Simon Baptist

Asian Management Insights

The global economy is showing resilience, despite strong headwinds. Geopolitical uncertainty remains high, while the mounting threats from climate change call for more urgent global action.

The Impact Of Proportional Remittances On The Macroeconomy: Analysis From An Overlapping Generations Model For The Philippines, John Paolo Rivera

DLSU Business & Economics Review

The discourse on micro-foundations linking microeconomic and macroeconomic principles to establish relationships in macroeconomic models have been increasing, one of which is through an Overlapping Generations Model. From its standard form, it has been extended to incorporate migration and remittances. We contribute to the discussion by introducing proportional remittances in the model and trace its effects on the trajectory of aggregate income, consumption, capital stock, and factor prices. Calibration results showed that increases in proportional remittances induce higher aggregate income, consumption, and capital accumulation paths, albeit varying degrees with respect to the elasticity of substitution between current and future consumption. …

Mapping Ecotourism Potential In Bangladesh: The Integration Of An Analytical Hierarchy Algorithm And Geospatial Data, Muhallil Abtahee, Afra Anika Islam, Md. Nazmul Haque, Hasan Zonaed, Samiha Mahzabin Ritu, S. M. Imdadul Islam, Atiq Zaman

Civil Engineering Faculty Publications

The significance of ecotourism has been increasing due to its potential for biodiversity preservation, economic advancement, and the promotion of sustainability awareness. In this research, geospatial analysis and the Analytical Hierarchy Process (AHP) was employed to identify feasible ecotourism sites in Bangladesh. The study applied Geographical Information System–Remote Sensing (GIS-RS) parameters and weighted overlay techniques for selected ecotourism characteristics, such as natural attractiveness, topographic features, accessibility, proximity to facilities, and community characteristics. The study found that a significant proportion (around 44%) of Bangladesh’s land exhibits high potential for ecotourism. Cox’s Bazar, Chittagong, and Rangamati are particularly favorable ecotourism locations. However, …

Borderplex Business Barometer, Volume 7, Number 7, Thomas M. Fullerton Jr., Steven L. Fullerton

Border Region Modeling Project

No abstract provided.

A Snapshot Of Immigration Flows Into The Us, Armando R. Lopez-Velasco

School of Economics and Finance Faculty Publications

No abstract provided.

An Unobserved Components Model Of Total Factor Productivity And The Relative Price Of Investment, Joshua C.C. Chan, Edouard Wemy

Economics

This paper applies the common stochastic trends representation approach to the time series of total factor productivity (TFP) and the relative price of investment (RPI) to investigate the modeling of neutral technology (NT) and investment-specific technology (IST) and its econometric ramifications on the analysis of general equilibrium model. The permanent and transitory movements in both series are estimated efficiently via Markov chain Monte Carlo methods using band matrix algorithms. The results indicate that TFP and the RPI are, each, well represented by a differenced first-order autoregressive process. In addition, their time series share a common trend component that we interpret …

Assessing Visitor Preferences And Willingness To Pay For Marine National Park Hikkaduwa: Application Of Choice Experiment Method, Chamathi Jayaratne, U.A. D.P. Gunawardena, J. C. Edirisinghe, Sahan Dissanayake, D. Rajapaksa

Economics Faculty Publications and Presentations

Eco-tourism all over the world is threatened by the fact that the coral reefs and associated ecosystems are in a process of disappearing at an accelerated rate due to several natural and anthropogenic causes. In this context, the Marine National Park Hikkaduwa (MNPH), one of the four marine national parks in Sri Lanka, that features a fringing coral reef with a high degree of biodiversity, reports a decreasing trend in visitation mainly due to a condition of coral bleaching caused by an El Nino effect. Unfortunately, the regeneration of the corals is found to be slowed by continuous anthropogenic activities. …

Reflections On Inflation: How Bad Has It Been?, Jesus Felipe

Angelo King Institute for Economic and Business Studies (AKI)

THE increase in prices that countries have experienced since March 2022 has brought old fears about the deleterious impact of inflation. It is true that prices increased after the Russian invasion of Ukraine and this affected a series of commodities that are imported. Yet, it is important to understand how much prices have increased, the nature of inflation we have experienced, and the reaction of central banks.

Kinerja Ekspor Indonesia: Dampak Pandemi Covid-19 Vs Perang Rusia, Samsul Arifin

Jurnal Ekonomi dan Pembangunan Indonesia

Is COVID an obstacle to Indonesia’s trade flows vs. war to boost Indonesia’s exports? Application of the Gravity model using the OLS panel data fixed effect method to address the endogeneity problem for the 2018q1–2022q3 period. The significant positive results of exporters’ and importers’ GDP and the significant negatif results of distance prove the validity of the gravity model. The significant negatif results of the COVID-19 dummy and the significant positive results of the dummy war show that Indonesia’s exports with trading partners during COVID-19 have decreased, while the impact of the war was able to encourage an increase in …

Pengaruh Pdb Per Kapita Dan Konsumsi Energi Terhadap Emisi Grk Di Indonesia, Sarwono Alfian H. Nadeak, Nasrudin Nasrudin

Jurnal Ekonomi dan Pembangunan Indonesia

The purpose of this research is to analyze the effect of GDP per capita and energy consumption on greenhouse gas emissions and test the hypothesis of the Environmental Kuznets Curve (EKC) in Indonesia. This study uses two methods, namely Error Correction Mechanism (ECM) and Autoregressive Distributed Lag (ARDL) with bound testing approach. The results showed that GDP per capita had a positive effect on greenhouse gas emissions. Renewable energy consumption negatively affects greenhouse gas emissions, while non-renewable energy consumption negatively affects total greenhouse gas emissions, but positively influences CO2 emissions. In the long run, the EKC hypothesis applies in Indonesia.

Apakah Modal Manusia Penting Untuk Mengangkat Jawa Timur Dari Jebakan Kelas Menengah?, Christiayu Natalia, Setyo Tri Wahyudi

Jurnal Ekonomi dan Pembangunan Indonesia

Optimizing demographic dividend requires human capital quality improvement. However, disparities in the quality of human capital between regions in East Java becoming challenge in increasing GRDP per capita growth before demographic bonus period ends. This research analyze the effect of human capital quality on GRDP per capita growth during 2011–2022 period generally in East Java Province and specifically in districts/cities with low human capital quality. Dynamic panel data regression analysis using the First-Difference Generalized Moment Method (FD-GMM) was used in this research. The research results show a significant influence of the quality of human capital on GDP per capita growth.

Mexico Consensus Economic Forecast, Volume 26, Number 3, Thomas M. Fullerton, Steven L. Fullerton

Border Region Modeling Project

No abstract provided.

Editor's Note, Marites Tiongco

DLSU Business & Economics Review

No abstract provided.

A Pedagogical Note On Linear Regressions, Andrew Adrian Yu Pua

DLSU Business & Economics Review

No abstract provided.

Language And Economic Behavior Among Filipino Bilinguals: Two Studies In Honor Of Tereso S. Tullao, Jr., Gerardo L. Largoza, Emmanuel M. Garcia

DLSU Business & Economics Review

We report the results of two studies motivated by Tereso S. Tullao, Jr.’s conviction, first articulated nearly four

decades ago, that language matters in economic decision-making. In Study 1, following Chen (2013), we estimate a fixed- effects logit model on Wave 6 of the World Values Survey, and find that speakers of Cebuano (a “tenseless” language that only weakly distinguishes between present and future), are more likely to save than speakers of Tagalog (whose grammar clearly distinguishes between present and future). In Study 2, we conduct a large-scale dictator game experiment among 480 low- income students and find an unusual …

Examining The Inclusiveness Of Philippine Growth From 1991 To 2015: The Role Of Household Human Capital Inequality And Source Of Growth, Geoffrey M. Ducanes

DLSU Business & Economics Review

Defining inclusive growth as growth that has benefited the households who have the lowest human capital levels, this study examines the inclusiveness of economic growth in the Philippines in the past two decades. Combining information from the Labor Force Survey and Family Income and Expenditures Survey for various years, including a panel of 6,500 households from 2003 to 2009, this study classifies households into ordered groups based on human capital level, then compares the performance of the various groups in terms of various employment, income, and expenditure outcomes over time. It finds the evidence to be mixed, although the weight …

The Effects Of Economic Fluctuations On Health Care Expenditures Of Iranian Households Using The Dsge Model, Hamid Reza Izadi

DLSU Business & Economics Review

The health sector is a very important field that has attracted policymakers’ attention due to its high importance. Such importance is more understandable when we know that health improvement results in human capital enhancement through the accumulation of health capital. Given existing economic shocks, the effectiveness of the health and Care services sector has led to changes in household expenditures and consumption patterns, especially those on health and care; and this can cause long-term damage to the household, and the economy in general. Considering that health is both a consumer and an investment commodity, any negative economic shock that leads …

Risk For Thai Children From The Covid-19 Pandemic: Quantitative Analysis, Amornrat Apinunmahakul, Sasatra Sudsawasd, Prasopchoke Mongsawad

DLSU Business & Economics Review

The impacts of the Covid-19 pandemic on Thai children’s educational outcomes are examined based on a two- step analysis. First, the economic impact of the pandemic on household income is quantified by incorporating simulated

macroeconomic variables from the CGE model into a household-level data set. Next, these microsimulation results, along with the Thailand Multiple Indicator Cluster Survey data, are examined to identify the negative impact on children’s educational outcomes, using a binary logistic model. The result confirms the negative impact of Covid-19 on household incomes in all income classes. Unfortunately, households with children are hit harder than others in the …

Quality Of Growth And Poverty In Low Income Countries: The Role Of Manufacturing, Raul V. Fabella, Sarah Lynne S. Daway-Ducanes, Geoffrey M. Ducanes

DLSU Business & Economics Review

Both the Millennium Development Goals (MDGs) which ended in 2015, and its replacement the Sustainable Development Goals (SDGs) of the United Nations which will end in 2030, target the eradication of poverty. The 2020 Covid pandemic has seriously worsened poverty incidence in many low income countries, and recovering lost ground is paramount. As low income economies try to establish a new normal, they need to aim not only for higher overall economic growth but also for a higher quality of economic growth for improved inclusion outcome. Higher quality means more inclusion per unit growth. We discuss how for the same …

Women’S Empowerment And Gender Equality In Philippine Agriculture: The Role Of Education And Public Policy, Agnes R. Quisumbing, Hazel J. Malapit

DLSU Business & Economics Review

This paper draws on previous work undertaken as part of the Gender, Agriculture, and Assets Project Phase Two (GAAP2), the CGIAR Research Program on Agriculture for Nutrition and Health (A4NH), and the CGIAR Research Program on Policies, Institutions, and Markets (PIM). Funding support for this study was provided by the Millennium Challenge Corporation (MCC) [Grant number: MCC-16-GRA-0007], Bill & Melinda Gates Foundation (BMGF) [Grant number: INY-008977], and A4NH. This work would not be possible without the collaboration of the Philippines Compact Development Team (CDT), led by Josef Yap, who provided helpful comments at various stages of this research project. Celia …

Volatility Puzzle: Long Memory Or Anti-Persistency, Shuping Shi, Jun Yu

Research Collection School Of Economics

The log realized volatility (RV) is often modeled as an autoregressive fractionally integrated moving average model ARFIMA(1,d,01,d,0). Two conflicting empirical results have been found in the literature. One stream shows that log RV has a long memory (i.e., the fractional parameter d > 0). The other stream suggests that the autoregressive coefficient α is near unity with antipersistent errors (i.e., d α close to 0 and d close to 0.5) from Model 2Model 2 (ARFIMA(1,d,01,d,0) with α close to unity and d close to –0.5). An intuitive explanation is given. For the 10 financial assets considered, despite that no definitive conclusions …