Macroeconomic impact of a tariff reduction: (Record no. 7207)
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| 000 -LEADER | |
|---|---|
| fixed length control field | 01299naa a2200181Ia 4500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
| fixed length control field | 160503s9999 xx 000 0 und d |
| 001 - CONTROL NUMBER | |
| control field | art0777 |
| 100 ## - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Yap, Josef T. |
| 245 ## - TITLE STATEMENT | |
| Title | Macroeconomic impact of a tariff reduction: |
| Remainder of title | a three-gap analysis with models simulations / |
| 300 ## - PHYSICAL DESCRIPTION | |
| Extent | p.67 |
| 490 ## - SERIES STATEMENT | |
| Series statement | Vol. 24 No. 1 First Sem 1997 |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc. | Using a three-gap model, it can be shown that a reduction in the tariff level will lead to an unambiguous decline in the GDP growth rate if it results in a reduction of the surplus of the government's primary account. Empirical results using Philippine data show that this condition is satisfied. Since FDI is crucial in breaking the economic gridlock brought about by capital inflows, policy makers should determine whether greater macroeconomic instability that results from larger fiscal and trade deficits can be offset by the more liberalized economic environment in attracting FDI. It may also be the case, however, the greater macroeconomic instability will eventually countervail any benefits from microeconomic reform. |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name as entry element | Tariff reduction |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name as entry element | PIDS JPD 1997 |
| 773 ## - HOST ITEM ENTRY | |
| Record control number | 0115-9143 |
| Title | Journal of Philippine Development |
| 856 ## - ELECTRONIC LOCATION AND ACCESS | |
| Uniform Resource Identifier | http://dirp3.pids.gov.ph/ris/pjd/pidsjpd97-1tariff.pdf |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
| Koha item type | Journal Articles |
| Source of classification or shelving scheme | |
No items available.