Philippine Review of Economics

1964 - 2026

From University of the Philippines School of Economics and Philippine Economic Society
Contact information at EDIRC.
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Volume 63, issue 1, 2026

The Philippine Competition Commission: the first ten years pp. 1-4

Farasat A.S. Bokhari and Carlos Vega

Tariff cuts without consumer gains? A competition policy perspective on Philippine price trends pp. 5-42

Enrico G. Trinidad, Majah-Leah Ravago and Arsenio M. Balisacan

Local labor market concentration and union activity in the Philippines: descriptive estimates and implications pp. 43-75

Vincent Jerald Ramos, Edgardo Manuel Jopson and Edgar Antonio Suguitan

The Grab and Uber merger: a retrospective pp. 76-99

Charles David A. Icasiano and Philip Amadeus D. Libre

Multihoming and platform choice in online food delivery pp. 100-141

Edgardo Manuel Jopson, Fabio M. Manenti, Franco Mariuzzo, Shereena S. Salas and Junjun Zhang

The Philippine economy: no longer the East Asian exception? Revisited pp. 142-167

Hal Hill

Does gender stereotyping influence labor force participation in the Philippines? pp. 168-176

Nikkin L. Beronilla, Raymundo P. Addun and Dennis S. Mapa

Volume 62, issue 2, 2025

Income inequality, weak institutions, and the emergence of reform-abortive corruption pp. 1-15

Raul V. Fabella, Karl Robert Jandoc and Majah-Leah Ravago

Nationalizing the minimum wage: Can the Philippines take the toll? pp. 16-53

Justin Raymond S. Eloriaga, Marites M. Tiongco and Ceasar C. Cororaton

Decomposing the divergent post-pandemic productivity dynamics in Philippine manufacturing pp. 54-90

Adrian Mendoza

2025 Nobel Memorial Prize in Economics: Joel Mokyr pp. 113-124

Emmanuel de Dios

A stylized version of the Aghion-Howitt growth model pp. 125-129

Delano Villanueva

The Diane Elson Reader: Gender, Development, and Macroeconomic Policy pp. 130-135

Marina Durano

Remembering Roberto S. Mariano pp. 136-138

Celia M. Reyes

Volume 62, issue 1, 2025

Consumer profiling, price discrimination, and consumer privacy pp. 1-26

Renz Venielle Lamayo

Forecasting currency in circulation with the central bank balance sheet pp. 27-55

Adrian Matthew Glova and Roy Hernandez

Impacts of access to electricity on employment and household income growth in Cambodia pp. 56-76

Asami Takeda and Jonna P. Estudillo

Do cash transfers mitigate risks and crowd out informal insurance? Evidence from a randomized experiment in the Philippines pp. 77-111

Angelica Maddawin and Kazushi Takahashi

Pulling up from the depths of poverty: Do the Pantawid Pamilya cash transfers to the poor reduce their consumption expenditure shortfalls? pp. 112-126

Joseph Capuno

A macroeconomic perspective on economic resilience and inclusive growth in the Philippines pp. 127-160

Maria Socorro Gochoco-Bautista

Volume 61, issue 2, 2024

Preface- Special issue on Industrial Policy pp. iv

Emmanuel Esguerra

Philippine industrial policy? Why not? pp. 1-21

Manuel Montes

Comment on "Philippine industrial policy? Why not?" pp. 22-23

Felipe Medalla

Industrial policy and complexity economics pp. 24-52

Josef T. Yap and John Faust M. Turla

Comment on "Industrial policy and complexity economics" pp. 53-54

Raul V. Fabella

Mapping feasible routes towards economic diversification and industrial upgrading in the Philippines pp. 55-81

Annette O. Balaoing-Pelkmans and Adrian Mendoza

Comment on "Mapping feasible routes towards economic diversification and industrial upgrading in the Philippines" pp. 82-84

Hal Hill

Industrial policy for innovation: why does it matter? pp. 85-109

Rafaelita Aldaba and Fernando T. Aldaba

Comment on "Industrial policy for innovation: why does it matter?" pp. 110-113

Emmanuel de Dios

Exploring the prospects of services-led development for the Philippines pp. 114-138

Ramonette B. Serafica

Comment on "Exploring the prospects of services-led development in the Philippines" pp. 139-143

Arthur Over

Natural gas and transitioning to renewable fuels: considerations from industrial policy pp. 144-167

Dante B. Canlas and Karl Robert Jandoc

Comment on "Natural gas and transitioning to renewable fuels: considerations from industrial policy" pp. 168-170

Ramon L. Clarete

How might China-US industrial policies affect the Philippines?: a quantitative exercise pp. 171-198

Ma. Joy V. Abrenica and Anthony Sabarillo

Comment on "How might China-US industrial policies affect the Philippines?: a quantitative exerciseâ" pp. 199-201

Gonzalo Varela

Volume 61, issue 1, 2024

What next after hyper-globalization and export-oriented industrialization? pp. 1-7

Dani Rodrik

Philippine industrial policy journey: transforming the economy in the new digital age pp. 8-43

Rafaelita Aldaba

Nexus between payments digitalization and cash usage in the Philippines pp. 44-70

Eloisa T. Glindro, Rodalee E. Ofiaza and Ma. Klarizza Q. Jose

Claudia Goldin and the economics of women and work pp. 71-86

Ma. Christina Epetia

Book Review of Agricultural development in Asia and Africa: essays in honor of Keijiro Otsuka pp. 87-93

Jude Esguerra

Volume 60, issue 2, 2023

Shared prosperity characterized by four development goals: pro-poor growth, pro-poor development, inclusive growth, and inclusive development pp. 1-24

Nanak Kakwani and Zakaria Siddiqui

Piketty inequality, meta-market failures and the new role of the state pp. 25-38

Raul Fabella

Diamond and Dybvig in developing economies and in a digital world pp. 39-63

Margarita Debuque-Gonzales

Toward a general neoclassical theory of economic growth pp. 64-80

Delano Villanueva

Measuring fiscal policy sustainability in developing Asia: what does the Markov Switching Augmented Dickey-Fuller Test tell us? pp. 81-103

Dannah Ysabel M. Premacio, Ezra Rebecca G. Vidar and Toby C. Monsod

The 16th century Carrera del Pacífico: its sailor-merchants and their trade goods pp. 104-137

Kristyl Obispado

Volume 60, issue 1, 2023

Unemployment and monetary policy:a revisit and new job strategies pp. 1-9

Dante B. Canlas

Introduction to the symposium on the care economy pp. 10-18

Maria S. Floro and Elizabeth King

Child and elderly care in South Korea: policy analysis with a gendered, care-focused computable general equilibrium model pp. 19-64

Martín Cicowiez and Hans Lofgren

Women's market and childcare policies in Colombia: policy simulations using a computable general equilibrium model pp. 65-98

Martín Cicowiez, Hans Lofgren, Ana Tribin and Tatiana Mojica

The enduring impact of the pandemic on gender patterns of paid and unpaid work: evidence from time-use data in Turkey pp. 99-122

Ipek Ilkkaracan and Emel Memis

Unpaid eldercare and its impact on the US labor supply pp. 123-157

Tanima Ahmed and Maria S. Floro

Care work and the demographic composition of households: two Asian cases pp. 158-190

Elizabeth King, Hannah Randolph and Jooyeoun Suh

Care workers’ sense of responsibility, working conditions, and the quality of care in South Korea pp. 191-222

Shirin Arslan, Arnob Alam, Maria S. Floro, Seung-Eun Cha and Eunhye Kang