The effects of foreign direct investments and migration remittances on the Philippine economy: A macroeconomic approach

• Main Authors: Chua, Jordan Mae T., Dizon, Felipe F., Jr., Laset, John Christopher K., See, Starlyn A.
• Format: text
• Language: English
• Published: Animo Repository 2007
• Subjects: Investments, Foreign > Philippines; Migrant remittances > Philippines; Macroeconomics; National income > Philippines; Econometric models > Philippines; Economics
• Online Access: https://animorepository.dlsu.edu.ph/etd_bachelors/14374
• Institution: De La Salle University

This paper presents a simple macroeconomic model of the Philippines using two types of estimation procedures, namely, the two stage least squares (2SLS) and the error correction model (ECM). Our macroeconomic model is composed of seven equations: national income identity, consumption function, inves...