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The Growth and Distributive Impacts of Public Infrastructure Investments in the Philippines

In: Infrastructure and Economic Growth in Asia

Author

Listed:
  • Erwin Corong

    (Monash University)

  • Lawrence Dacuycuy

    (De La Salle University)

  • Rachel Reyes

    (De La Salle University)

  • Angelo Taningco

    (De La Salle University)

Abstract

The government of the Philippines continues to implement reforms that aim to promote economic development and lift the country’s standard of living. This is critical as it has been lagging behind neighbouring East Asian countries with respect to economic size and per capita income. The bottlenecks the country faces include poor physical infrastructure (transport and utility infrastructures), low quality of education, volatile economic growth, high poverty rates and large income disparities.

Suggested Citation

  • Erwin Corong & Lawrence Dacuycuy & Rachel Reyes & Angelo Taningco, 2013. "The Growth and Distributive Impacts of Public Infrastructure Investments in the Philippines," Economic Studies in Inequality, Social Exclusion, and Well-Being, in: John Cockburn & Yazid Dissou & Jean-Yves Duclos & Luca Tiberti (ed.), Infrastructure and Economic Growth in Asia, edition 127, pages 47-86, Springer.
    • Handle: RePEc:spr:esichp:978-3-319-03137-8_3
    DOI: 10.1007/978-3-319-03137-8_3
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    References listed on IDEAS

    as
    1. César Calderón & Alberto Chong, 2004. "Volume and Quality of Infrastructure and the Distribution of Income: An Empirical Investigation," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 50(1), pages 87-106, March.
    2. Yazid Dissou & Selma Didic, 2011. "Public Infrastructure and Economic Growth A Dynamic General Equilibrium Analysis with Heterogeneous Agents," EcoMod2011 3368, EcoMod.
    3. Luc Savard, 2010. "Scaling up infrastructure spending in the Philippines: A CGE top-down bottom-up microsimulation approach," International Journal of Microsimulation, International Microsimulation Association, vol. 3(1), pages 43-59.
    4. Aschauer, David Alan, 1989. "Is public expenditure productive?," Journal of Monetary Economics, Elsevier, vol. 23(2), pages 177-200, March.
    5. Teruel, Romeo G. & Kuroda, Yoshimi, 2005. "Public infrastructure and productivity growth in Philippine agriculture, 1974-2000," Journal of Asian Economics, Elsevier, vol. 16(3), pages 555-576, June.
    6. Gupta, Sanjeev & Kangur, Alvar & Papageorgiou, Chris & Wane, Abdoul, 2014. "Efficiency-Adjusted Public Capital and Growth," World Development, Elsevier, vol. 57(C), pages 164-178.
    7. Jean-Yves Duclos & Abdelkrim Araar, 2006. "Poverty and Equity," Economic Studies in Inequality, Social Exclusion, and Well-Being, Springer, number 978-0-387-33318-2, November.
    8. Fan Zhai, 2010. "The Benefits of Regional Infrastructure Investment in Asia : A Quantitative Exploration," Microeconomics Working Papers 22803, East Asian Bureau of Economic Research.
    9. Takatoshi Ito & Andrew K. Rose, 2007. "Fiscal Policy and Management in East Asia," NBER Books, National Bureau of Economic Research, Inc, number ito_07-1.
    10. Gilberto M. Llanto, 2007. "Dealing with Contingent Liabilities: The Philippines," NBER Chapters, in: Fiscal Policy and Management in East Asia, pages 257-284, National Bureau of Economic Research, Inc.
    11. Cororaton, Caesar B. & Corong, Erwin, 2009. "Philippine agricultural and food policies: Implications for poverty and income distribution," Research reports 161, International Food Policy Research Institute (IFPRI).
    12. Erwing L. Corong & Rachel C. Reyes & Angelo B. Taningco, 2010. "Poverty Impacts of Preferential and Multilateral Trade Liberalization on the Philippines: a Computable General Equilibrium Analysis," Working Papers MPIA 2010-06, PEP-MPIA.
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    Cited by:

    1. Chen, Zhenhua & Daito, Nobuhiko & Gifford, Jonathan L., 2017. "Socioeconomic impacts of transportation public-private partnerships: A dynamic CGE assessment," Transport Policy, Elsevier, vol. 58(C), pages 80-87.

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    More about this item

    Keywords

    Real Exchange Rate; Computable General Equilibrium; Public Capital; Public Infrastructure; Computable General Equilibrium Model;
    All these keywords.

    JEL classification:

    • D58 - Microeconomics - - General Equilibrium and Disequilibrium - - - Computable and Other Applied General Equilibrium Models
    • D90 - Microeconomics - - Micro-Based Behavioral Economics - - - General
    • E27 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Forecasting and Simulation: Models and Applications
    • F35 - International Economics - - International Finance - - - Foreign Aid
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
    • I32 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Measurement and Analysis of Poverty
    • O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance
    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East

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