An Annual Macroeconometric Model of the Philippines

Carlos Bautista

No 198919, UP School of Economics Discussion Papers from University of the Philippines School of Economics

Abstract: This paper presents the estimation and dynamic historical simulation results of a demand-driven macro model of the Philippines. The model covers the period 1967 to 1988 using annual data. The model has four main parts. A core model describes the real behavior of the economy while three sub-blocks represent the balance of payments (BOP), the government and the monetary accounts. The IS-LM framework is modified to include the portfolio balance approach to exchange rate determination. The first section makes an introduction. The second section gives a rough sketch of the main theoretical basis of the model. The last section shows the estimation and historical simulation results and the simulation statistics.

Date: 1989-12
References: Add references at CitEc
Citations:

Published as UPSE Discussion Paper No. 1989-19, December 1989

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:phs:dpaper:198919

Access Statistics for this paper

More papers in UP School of Economics Discussion Papers from University of the Philippines School of Economics Contact information at EDIRC.
Bibliographic data for series maintained by RT Campos ().