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DLSU-ANGELO KING INSTITUTE FOR ECONOMIC AND BUSINESS STUDIES |
DLSU-AKI PUBLICATIONS
The Angelo King Institute for Economic and Business Studies commissions studies and projects with the goal of sharing the results and findings with the academe, policymakers, and other relevant groups. The objective of this dissemination is to contribute in the appreciation of relevant issues and problems confronting the Philippine economy and the formulation of appropriate policies to address contemporary economic problems. The Institute’s published works come in several forms including books, monographs, and policy briefs depending on the scope of the study. All studies and projects are featured in summarized forms in the AKI Policy Brief, which are published after the completion of the project. The Policy Brief presents a brief background of the situation, their underlying problems and implications, and the alternative courses of action that policy makers can undertake.
The Angelo King Institute for Economic and Business Studies commissions studies and projects with the goal of sharing the results and findings with the academe, policymakers, and other relevant groups. The objective of this dissemination is to contribute in the appreciation of relevant issues and problems confronting the Philippine economy and the formulation of appropriate policies to address contemporary economic problems. The Institute’s published works come in several forms including books, monographs, and policy briefs depending on the scope of the study. All studies and projects are featured in summarized forms in the AKI Policy Brief, which are published after the completion of the project. The Policy Brief presents a brief background of the situation, their underlying problems and implications, and the alternative courses of action that policy makers can undertake.
RECENT AKI POLICY BRIEF PUBLICATIONS
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With poverty reduction as the government’s primary goal, monitoring the poverty situation of households is deemed necessary. In the Philippines, several local government units (LGUs) have adopted the Community-Based Monitoring System (CBMS)[1] as a local poverty-monitoring tool. This study used the constructed CBMS panel data for the municipality of Orion in Bataan province consisting of 4,299 panel households (for the period 2006, 2009, and 2012) to identify chronic and transient poor households. Click here to read the article The Philippines, as a member of ASEAN, is part of the RCEP, which is the world’s largest trading block in terms of population and GDP. RCEP was signed on November 15, 2020, by 15 member countries. This policy note discusses the potential effects of RCEP on the Philippines. Using a global CGE model calibrated to the most recent GTAP 10 database, the results indicate that the Philippines will benefit from higher exports, lower consumer prices, higher factor prices, and factor incomes of households. Among the Philippine sectors, the largest positive effects are observed in electronic equipment. Interestingly, the impact on the agriculture-food sector is also notable. Click here to read the article Alongside profit maximization and value creation, enterprises are in the pursuit of entrepreneurial venture growth. The need to pursue entrepreneurial venture growth given the risks brought about by a volatile, uncertain, complex, ambiguous, and disruptive (VUCAD) world (Rafael et al., 2020) is vital to sustain entrepreneurs’ income, to continue generating employment, and to continue providing value-adding products and services for society. However, entrepreneurial venture growth requires the capacity to produce products that are acceptable to the market; and the level of support given to enterprises to help them produce, innovate, and gain market access. Various functional areas of the business and government can work together to achieve this objective. From an empirical analysis of the Philippine Global Entrepreneurship Monitor (GEM) Adult Population Survey (APS) for 2006, 2013, 2014, and 2015, an auxiliary strategy was derived to make this happen. Click here to read the article |
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Investors regard trade volume as a crucial technical indicator that can confirm trends, predict trend reversals, and determine liquidity (Westerhoff, 2006; Mahender et al., 2014). Trade volume is reported throughout the current trading day as often as once an hour; however, the reported hourly and end-of-the-day trade volumes are merely estimates. Actual and final trade volumes are reported the following day. Given the relative inconsistency of reported trade volumes and uncertainty of future trade volumes, investors miss the opportunity to reinforce their trading decisions through the trade volume indicator. Click here to read the article |
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In response to the COVID-19 pandemic, there is a proposal to amend the Corporate Income Tax and Incentives Reform Act (CITIRA) into the Corporate Recovery and Tax Incentives for Enterprises Act (CREATE) Act. The proposed amendments are as follows: (a) An immediate five percentage point cut into the corporate income tax (CIT) rate starting July 2020; (b) Maintaining for up to nine years the status quo for registered business activities enjoying the 5% tax on gross income earned (GIE) incentive; and (c) More flexibility for the President to grant a combination of fiscal and non-fiscal incentives, which will be critical as the country competes internationally for high-value investments (Department of Finance (DOF), 2020). Click here to read the article The Philippines needs to re-align its corporate income tax rates to its neighboring ASEAN countries to be competitive. Thus, the reduction in the corporate income tax rate, which is 30% at present to 20% in 2029 under the tax reform, is critical. However, because corporate income tax is a major source of government revenue, corporate incentives have to be reduced as well to finance/compensate for the reduction in the corporate tax. Also, to realize the full economic benefit of the reform, the government has to ensure that the resulting higher corporate income is reinvested back to the economy. Click here to read the article This brief proposes policy measures for enabling the hybrid delivery of tertiary education during the COVID-19 pandemic. These policy measures are aimed at supporting students, faculty, and higher education institutions (HEIs). The development of a regulatory framework for quality assurance of flexible learning is also proposed. Click here to read the article |
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This policy paper highlights the critical roles of both public and private organizations in creating an enabling ecosystem for social enterprises to grow while striking a good balance in their social ,economic, and environmental bottom lines. It contains recommendations on the formation aspect of social entrepreneurs and the support mechanisms that need to be established by different stakeholders such as the academe, national government agencies, local government units, private institutions, and communities. Click here to read the article |
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To determine whether antibodies against M. tuberculosis protects individuals against COVID 19, the author recommends the conduct of a patient-level study using Mantoux screening test to probe whether (1) there is a disproportionately high percentage of people with the antibodies against M. tuberculosis among those who test negative for COVID-19; and (2) there is a disproportionately low percentage of people with the antibodies against M. tuberculosis among those who are or have been in the ICU as severe positive cases of COVID 19. Click here to read the article |
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The authors provide a rational view of the issue of online learning in the time of coronavirus and cite necessary conditions that must be considered to make remote learning optimal, inclusive and engaging for students and faculty. Featuring a model of human capital accumulation with network externalities, the policy brief maintains that "...in the time of coronavirus, learning need not be quarantined, too." Click here to read the article |
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The authors recommend providing direct income support and targeting the support to vulnerable labor groups in critical sectors. This may be channeled through the government’s 4Ps. Furthermore, they recommend that, if the lockdown is extended to three months, an additional support of PhP 70 billion is considered to reverse the change in all poverty indicators prioritizing our worst hit sectors such as agriculture, textile-garments, and construction. This Angelo King Institute of Economic and Business Studies brief is co-authored by Dr. Caesar Cororaton, Dr. Marites Tiongco, and Dr. Arlene Inocencio of the DLSU School of Economics. Click here to read the article |
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In light of the risks posed by COVID-19 on Filipino health care professionals, this Angelo King Institute of Economic and Business Studies policy brief recommends short-term solutions that may support in containing the outbreak and at the same time mitigate the risks. Authored by Dr. Tereso Tullao, Jr., John Paolo Rivera, and Dr. Cynthia Caudia Click here to read the article |
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This Angelo King Institute of Economic and Business Studies policy recommendation on tempering the negative economic impact brought about by the government-imposed enhanced community quarantine. This is co-authored by Dr. Krista Danielle Yu, Dr. Kathleen Aviso, and Dr. Raymond Girard Tan. Click here to read the article |
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Future approved COVID-19 drugs will be short in supply until global production capacity is built up to meet demand. It is necessary for health administrators to exercise sound judgement in allocating a very scarce resource. Click here to read the article |
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The 2019 economic performance of the Philippines remained stable with a 5.9 percent growth despite falling short of the target of 6.0 to 6.5 percent. This was caused by a budget delay, unfavorable weather disturbances, policy uncertainties, and international economic challenges. The demand side was driven mainly by domestic consumption and registered a 5.8 percent growth; gross domestic capital formation and government spending posted a negative 0.6 percent and 10.5 percent growth respectively. On the other hand, the supply side was mostly driven by the Service sector with a 7.1 percent growth. Click here to read the article |