Abstract
This study attempts to further contribute tothe understanding of the relationships among macro-economic variables in thePhilippine economy. While past macro models have been either annual or semestral, the model in this study is estimated on aquarterly basis. Quarterly models are expectedto capture more closely the short-term interactions among economic variables. Model estimation shall be undertaken by using a simultaneous-equation system. This provides for a more realistic interpretation and representation of the economy, since it takes into account the feedback effects of certain macro-variables into the structural system, which is not necessarily shown in a single-equation model.
Recommended Citation
Castillo, Cristina
(1990)
"A Quarterly Macroeconometric Model of the Philippines,"
DLSU Business & Economics Review: Vol. 3:
No.
1, Article 5.
DOI: https://doi.org/10.59588/2243-786X.1469
Available at:
https://animorepository.dlsu.edu.ph/ber/vol3/iss1/5
