Philippine Economic Society (PES)
Theme: “Markets and Institutions for Sustained Inclusive Growth”
The conference sought to revisit the role of efficient markets and a strong institutional framework in realizing the country’s twin goals of inclusiveness and sustainability.
USec. Gil Beltran of the Department of Finance delivered the conference keynote address on behalf of Sec. Cesar Purisima.
The opening plenary session featured National Competitiveness Council Private Sector Co-Chair, Guillermo Luz as well as Bank of the Philippine Islands President, Cesar Consing. They shared the views of the private sector on the sustainability and inclusivity of growth.
The second plenary session on the global, regional and national views on Philippine and Asian growth prospects featured Josh Felman, Assistant Director of Research at the International Monetary Fund in Washington D.C.; Eli Remolona, Chief Economist for Asia and the Pacific of the Bank for International Settlements, Hong Kong; and Rogier van den Brink, Lead Economist of the World Bank East Asia and Pacific.
Program and Speakers
Schedule
| 9:00 |
OPENING CEREMONY AND KEYNOTE ADDRESSMaster of Ceremony TERESO S. TULLAO JR.De La Salle University President’s Welcome and Opening Remarks ALVIN P. ANGUniversity of Santo Tomas Introduction of the Keynote Speaker MA. TERESA S. HABITANDepartment of Finance Keynote Address CESAR V. PURISIMASecretary, Department of Finance |
| 9:20 |
Plenary 1: Private Sector Views on Sustainability and Inclusivity of GrowthGUILLERMO M. LUZChair, National Competitiveness Council CESAR P. CONSING President, Bank of the Philippine Islands |
| 10:10 | Coffee Break (Poster presentations) |
| 10:30 |
Plenary 2:The Global, Regional and National Views of International Financial AgenciesJOSHUA FELMANAssistant Director, Research Department
|
| 11:45 |
PES Election |
| 12:00 |
Luncheon PlenaryIntroduction of the Speaker STELLA A. QUIMBOUP School of Economics Plenary SpeakerA Historic Moment to Transform the National Budget Process FLORENCIO V. ABADSecretary Department of Budget and Management |
Parallel Session 11:00 – 2:30 |
|
|---|---|
| Panel 1A
|
Inter-Generational Games with Dynamic Externalities and Climate Change Experiments Katerina Sherstyuk, Nori Tarui, Majah-Leah V. Ravago and Tatsuyoshi Saijo
Economic Regulation of Water Supply in the Philippines Adoracion Navarro Who Should Shoulder the Cost on Solid Waste Management? Levi Guillermo Lima Geganzo |
| Panel 1B
|
Geography and Development Toby Monsod
Shocks to Philippine Households: Incidence, Idiosyncrasy and Impact The Impact of the Philippines’ Conditional Cash Transfer Program on Consumption Melba Tutor |
| Panel 1C
|
Measuring Asymmetric Volatility and Stock Returns in the Philippine Stock Market Francesca Tomaliwan, Daniel Hofileña
A Renewed Econometric Analysis on the Efficient Markets Hypothesis of the Philippine Stock Market The Multifractality in the Philippine Stock Market and its Implication to Market Efficiency Harvey M. Niere |
| Panel 1D
|
The Philippine Manufacturing Industry Roadmap: Agenda for New Industrial Policy, High Productivity Jobs and Inclusive Growth Josef Yap
Market Competition in the Downstream Oil Industry: Is there Evidence of Price Asymmetry? Analyzing and Forecasting Movements of the Philippine Economy using the Dynamic Factor Models (DFM) Dennis Mapa and Ma. Christina Simbulan Re-Examination of the Contribution of Net-Exports to GDP Growth (1961-2000) |
| Panel 1E
|
Managing Economic Shocks and Macroeconomic Coordination in an Integrated Region: ASEAN Beyond 2015 Ruperto Majuca
The Economic Potential via the Gravity Model of Trade Trade Liberalization and Trade Performance in Asia: 1974-2008 |
| Panel 1F
|
The Effect of Emigration on the Quality of Governance at Home: Evidence from Local Institutions in Moldova Toman Omar Mahmoud, Hillel Rapoport, Carl von Schweinitz and Andreas Steinmayr
What Prevents the Philippines from Undertaking Tax Reform? State Capture, Middle Class Opt-Out and Disempowerment of the Poor– A Story in the Un-raveling of the State Will Access to Information on Political Dynasties Alter Voting Behavior? Evidence from a Youth Voting Experiment |
Parallel Session 23:00 – 4:30 |
|
|---|---|
| Panel 2A
|
Call Me Maybe: The Impact of Telecommunications on Economic Growth in the Asean Region Mc Reynald S. Banderlipe II
Korean Inbound Tourism to the Philippines: A Macroeconometric Evaluation An Inoperability Input Output Approach in Evaluating the Impact of the Mindanao Power Crisis An Inquiry into Nexus between Demand for Aviation and Economic Growth in Philippines Assessment of Prospective Impact of Fruits and Vegetables Research at the Industry Level in the Philippines: The Case of the ACIAR-PCAARRD Horticulture Project |
| Panel 2B
|
The Easterlin Paradox: Empirics on the Income Happiness Relationship sans Hedonic Adaptation Edsel Beja
A Global Macroeconomic Forecasting Model for the Philippines Aggregate Labor Productivity as the Driver of Real Per Capita GDP: A New Look at Philippine Economic Growth, 2002-2011 Aspirations of Filipino Women Entrepreneurs in the Informal Economy |
| Panel 2C
|
Outcomes-based Education for Economics Lawrence Dacuycuy
Proposed Policies, Standards and Guidelines (PSG) for Economics Education |
| Panel 2D
|
Nature versus Nurture of Trust Deanne Lorraine C. Dumo, Mary Kristine Rabe
The Labor Participation – Fertility Trade-off: Exploring Fecundity and its Consequences to Women’s Employment in the Philippines Factors Affecting Farmer’s Participation in the Philippine Crop Insurance Corporation Rice Insurance Program and the Effects of the Insurance program in Reducing Income The Diamond Years?: A Study on the Healthcare Expenditure Patterns of Elderly Household Heads in the Philippines |
| Panel 2E
|
Coping and Consumption Adjustments for Similar Shocks Over Time Aleli D. Kraft, Joseph J. Capuno, Stella A. Quimbo, Carlos Antonio R. Tan, Jr.
Squeezing the Middle: A Randomized Experiment to Promote Voluntary Enrollment in a Social Health Insurance Program Will Insurance Subsidies and Information Improve Willingness-to-Pay for Health Insurance? Evidence from the Philippines |
| Panel 2F
|
K to 12: Human Capital for Whom? Bernardita R. Churchill
Returns to Education in the Philippines: A Quantile Regression Perspective |
Presentations
Cesar Consing, President-BPI Plenary Speaker I
Usec Gil Beltran Keynote Speech