the 55th annual meeting and conference of the … · the 55th annual meeting and conference of the...

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GrowinG Amidst risk And UncertAinty

The 55th Annual Meeting and Conferenceof the Philippine Economic Society

GROWING AMIDST RISK AND UNCERTAINTY

Novotel Manila, Araneta Center8 November 2017

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55th

PES AnnuAl MEEting And ConfErEnCE

Novotel Hotel, Araneta Center, Quezon City

8 November 201755th PES Annual Meeting and Conference

Growing Amidst Risk and Uncertainty

Looking towards the long-term vision of the country, dubbed as AmBisyon Natin 2040, the Philippine Development Plan (PDP) 2017-2022 was crafted to lay down a strong foundation of development that will enable Filipino families to enjoy a matatag, maginhawa, at panatag na buhay (strongly rooted, comfortable, and secure life) by 2040. The PDP, a medium-term plan, aims to build a “solid foundation for more inclusive growth, a high-trust and resilient society, and a globally competitive knowledge economy.” The PDP steers the economy towards appropriate reforms on trade, fiscal policy, macroeconomic stability, and competition that aims to improve productivity and efficiency. These reforms are anchored on ensuring peace and security, accelerating infrastructure development, building resilience, and ensuring sound ecology and environment.

However, risk and uncertainty, both domestic and international, towards the attainment of this national goal looms large. Domestically, there are key policy reform challenges spanning tax reform, peace and security, food policy, competition policy and governance. At the international scene, heightened risk and uncertainty compounds these challenges in pursuing economic reforms. To illustrate, the unfolding of the intentions and policies of the US government will have ramifications for global cooperation regarding trade and security, climate change, and migration. There is also concern that the relationship between the US and Russia may become too “friendly.” China, on the other hand, is said to be challenging

the US for global leadership. While President Trump espouses an America First policy, China is gravitating towards greater international cooperation. In Europe, the United Kingdom has started the process of leaving the European Union (Brexit). Pundits say that negotiations are likely to be painful. Key national elections across the world contribute to the changing international political landscape, e.g. the elections in France and Hongkong, the impeachment of the South Korean president, and another independence referendum being proposed by the governing party of Scotland. The changing economic and political landscape abroad presents both challenges and opportunities for the Philippines. How should the Philippines respond?

It is in the above context that the 55th Philippine Economic Society (PES) Annual Meeting and Conference is framed with a theme of “Growing Amidst Risk and Uncertainty.”

Conference Organizing Committee

PROGRAM CHAIRMajah-Leah Ravago

UP School of Economics

MEMBERS Lawrence Dacuycuy

DLSU School of EconomicsKevin ChuaWorld Bank

George ManzanoUAP School of Economics

SECRETARIATPSSC Secretariat

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President’s Message

It is an honor and privilege to serve as the president of the Philippine Economic Society (PES) for the year 2017. Indeed, it has truly been a remarkable year for PES. I am constantly amazed by the outpouring of support it has received from our founders, former presidents and officers, and from partners in the business, academic, government and non-government institutions.

English writer Charles Dickens described the world after the Industrial Revolution as “…the best of times, it was the worst of times.” This denotes how mankind has lived in a world of ambiguities. On the one hand, with economic growth and advances in science and technology, human civilization has developed as never before. On the other hand, challenges like terrorism, climate change, as well as poverty, unemployment and widening income inequality have all added to the risks and uncertainties of the global economy. Many people feel bewildered and wonder: What has gone wrong with the world?

This year’s PES conference will allow us to examine how the Philippine economy should respond to the risks and uncertainties brought about by the aforementioned local and global economic issues and challenges. With the critical analysis and perspectives that will be shared by our economic policymakers and colleagues in the plenary and concurrent sessions, we hope that this knowledge sharing will be able to assist us in securing our people’s welfare and nation’s future. Global history illustrates that the road of human civilization has never been a smooth one, and that mankind has made progress by surmounting political and economic difficulties. No difficulty, however daunting, will stop us from advancing. When encountering difficulties, we should not complain about ourselves, blame others, lose confidence or run away from responsibilities. We should join hands and rise to the challenge. History is created by the brave. Let us boost confidence, take action and march arm-in-arm toward a bright future.

Mabuhay ang Philippine Economic Society!

JOSE V. CAMACHO, JR.

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8 November 2017

7:00 - 7:55 REGISTRATIONVenue: 2nd Floor Lobby

7:55 - 8:00 OPENING CEREMONIESVenue: Monet 1 and 2, 2nd Floor

8:00 - 9:15 PLENARY SESSION 1: FINANCIAL AND ECONOMIC LITERACY Venue: Monet 1 and 2, 2nd Floor

9:15 - 10:45 PLENARY SESSION 2: GROWING AMIDST RISK AND UNCERTAINTYVenue: Monet 1 and 2, 2nd Floor

10:45 - 11:00 COFFEE BREAK

11:00 - 12:15 PLENARY SESSION 3: COMPETITION, GROWTH AND UNCERTAINTYVenue: Monet 1 and 2, 2nd Floor

12:15 - 12:25 CONFERENCE REPORT AND PRESENTATION OF PES BOARD NOMINEES

12:25 - 1:30 LUNCH AND PES VIDEO SHOWING

PARA

LLEL

SES

SIO

N A

1:30

- 3:

00

Session A1 (EPDP Panel)

POWER ECONOMICS: PRICES, GENERATION AND USE

Venue: Renoir, 3rd Floor

Session A5

HUMAN CAPITAL

Venue: Cezanne, 3rd Floor

Session A2 (DLSU SOE Panel)

MODELLING, ESTIMATING, AND EVALUATING THE IMPACT OF

FISCAL POLICY

Venue: Gauguin, 3rd Floor

Session A6

METHODS: FORECASTING

Venue: Pissaro, 3rd Floor

Session A3 (PCAARRD Panel)

AGRICULTURAL COMPETITIVENESS, FOOD SAFETY AND SUSTAINABLE

RESOURCE MANAGEMENT

Venue: Van Gogh, 3rd Floor

Session A7

POVERTY

Venue: Matisse, 3rd Floor

Session A4 (BPI Panel)

FINANCIAL MARKETS AND ECONOMIC PERFORMANCE

Venue: Monet 1and 2, 2nd Floor

Session A8

TRADE

Venue: Degas, 3rd Floor

3:00 - 3:20 COFFEE BREAK AND POSTER SESSIONVenue: 2nd Floor Lobby

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PARA

LLEL

SES

SIO

N B

3:20

- 4:

50Session B1 (EPDP Student Session)

POWER AND DEVELOPMENT: COOPERATIVES, DEMAND

FORECASTING, AND QUALITY

Venue: Renoir, 3rd Floor

Session B5

TIME SERIES DATA AND CONTINGENT VALUATION

Venue: Cezanne, 3rd Floor

Session B2 (ASOG Panel)

RETHINKING INFRASTRUCTURE DEVELOPMENT IN THE PHILIPPINES

Venue: Gauguin, 3rd Floor

Session B6

AGRICULTURE

Venue: Pissaro, 3rd Floor

Session B3 (NEDA Panel)

NEDA RESEARCH CURRENTS

Venue: Van Gogh, 3rd Floor

Session B7

PUBLIC POLICY

Venue: Degas, 3rd Floor

Session B4 (FNF Panel)

CLIMATE CHANGE AND THE ECONOMICS OF NATURAL

DISASTERS

Venue: Monet 1and 2, 2nd Floor

4:50 - 5:00

LAUNCH AND INDUCTION OF THE YOUNG ECONOMISTS HONOR SOCIETYINDUCTION OF NEW MEMBERSRECOGNITION OF PES TRAINING PARTICIPANTS

Venue: Monet 1 and 2, 2nd Floor

5:00 - 5:05ANNOUNCEMENT OF RESULTS OF PES ELECTIONPHOTO OPPORTUNITY: CURRENT AND INCOMING PES BOARD, PES PAST PRESIDENTS WHO ARE IN ATTENDANCE AND OTHER VIPS

5:05-5:55

CLOSING KEYNOTEVenue: Monet 1 and 2, 2nd Floor

Hon. Chief Justice Maria Lourdes P.A. SerenoSupreme Court of the Philippines

5:55 - 6:00 CLOSING ANNOUNCEMENTS

6:00-7:00 COCKTAILS (by invitation only)

The 55th PES Annual Meeting and Conference AT A GLANCE

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8 November 2017

7:55 - 8:00

OPENING CEREMONIES

Welcome and opening messageJose V. Camacho Jr.PES President

Master of Ceremony: CRISTINA A. LAZO

Philippine Competition Commission

8:00 - 9:15

PLENARY SESSION 1 (NEDA Panel) ECONOMIC AND FINANCIAL LITERACY

economic and Financial literacy in the philippines Prof. Amelia L. Bello and Dr. Jose V. Camacho Jr.Univesity of the Philippines Los Baños

presentation From dole Bureau oF Workers With special concernsAtty. Ma. Karina Perida-TrayvillaDOLE Bureau of Workers with Special Concerns

presentation From the philippine statistics authority Ms. Vivian Ilarina Assistant National Statistician, Philippine Statistics Authority

Moderator: DAVID FAUSTINO DE CASTRO

NEDA Public Relation Division

9:15 - 10:45

PLENARY SESSION 2 (PES Panel)GROWING AMIDST RISK AND UNCERTAINTY

Sec. Carlos G. DominguezDepartment of Finance

Sec. Ernesto M. PerniaNational Economic and Development Authority

Sec. Benjamin E. DioknoDepartment of Budget and Management

Gov. Nestor A. Espenilla Jr.Bangko Sentral ng Pilipinas

Ms. Birgit HanslLead Economist and Program Leader for Equitable Growth, Finance and Institutions for the Philippines in the East Asia and the Pacific Region, World Bank

Moderator: EMILIO NERI JR.

Bank of the Philippine Islands

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The 55th PES Annual Meeting and ConferenceCONFERENCE PROGRAM

10:45 - 11:00 COFFEE BREAK

11:00 - 12:15

PLENARY SESSION 3 (PCC Panel)COMPETITION, GROWTH AND UNCERTAINTY

Dr. Arsenio M. BalisacanChair, Philippine Competition Commission

Dr. Birgit GrundmannFormer State Secretary of the Federal Ministry of Justice, Berlin

Atty. Alicia Juliet SalitaVice President for Legal, ING Bank

Moderator:CLARISSA DAVID

UP College of Mass Communication

12:15 - 12:25 CONFERENCE REPORT AND PRESENTATION OF PES BOARD NOMINEES

12:25 - 1:30 LUNCH AND VIDEO PRESENTATION ON PES ORGANIZATIONAL HISTORY

1:30 - 3:00 PARALLEL SESSION A

3:00 - 3:20 COFFEE BREAK AND POSTER SESSION

3:20 - 4:50 PARALLEL SESSION B

4:50 - 5:00

LAUNCH AND INDUCTION OF THE YOUNG ECONOMISTS HONOR SOCIETYINDUCTION OF NEW MEMBERSRECOGNITION OF PES TRAINING PARTICIPANTS

5:00 - 5:05ANNOUNCEMENT OF RESULTS OF PES ELECTIONPHOTO OPPORTUNITY: CURRENT AND INCOMING PES BOARD, PES PAST PRESIDENTS WHO ARE IN ATTENDANCE AND OTHER VIPS

5:05-5:55 CLOSING KEYNOTE

5:55 - 6:00 CLOSING ANNOUNCEMENTS

6:00-7:00 COCKTAILS (by invitation only)

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8 November 2017

PARALLEL SESSION A1:30 - 3:00 pmSession A1 (EPDP Panel)POWER ECONOMICS: PRICES, GENERATION AND USESession Chair: Dennis S. Mapa,UP School of Statistics

Structural Breaks and Electricity

Prices: Evidence on the Role of Energy

Policy Reform in the Philippine Electricity

MarketsMajah Leah V. Ravago,


Arlan Brucal,* London School of

Economics

Shirra Jazel L. de Guia, and James Roumasset


A Study on the Optimal Energy Mix in the Philippines using

Portfolio TheoryRomeo Balanquit*

and Sarah Daway-Ducanes,


The Simple Economics of

Optimal Generation, Transmission, and

Electricity UseKarl Jandoc*,

Majah-Leah V. Ravago, James Roumasset and

Kenmore Espinoza,UP School of Economics

Relative Cost Advantage of Coal

and Gas-Fired Power Plants

Ramon Clarete, UP School of Economics

Session A2 (DLSU SOE Panel)MODELLING, ESTIMATING, AND EVALUATING THE IMPACT OF FISCAL POLICY Session Chair: Mariel Monica Sauler, DLSU School of Economics

Assessing the Impact of the Philippine

Sin Tax Reform Law on the Demand for

CigarettesMyrna S. Austria and Jesson A. Pagaduan*

DLSU School of Economics

The Role of Fiscal Policy in a Disaster-

Prone EconomyDickson Lim,

DLSU School of Economics

On Implementation Delays, Marginal Costs and Price Dynamics: A Theoretical Note with

Implications for the Philippines

Lawrence Dacuycuy, Dickson Lim and

Mariel Monica Sauler, DLSU School of

Economics

Legal Setbacks, Disbursement

Sudden Stops, and Fiscal Stimulus

Lawrence Dacuycuy and Mariel Monica

Sauler, DLSU School of Economics

* paper presenter

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PARALLEL SESSION A1:30 - 3:00 pmSession A3 (PCAARRD Panel)AGRICULTURAL COMPETITIVENESS, FOOD SAFETY AND SUSTAINABLE RESOURCE MANAGEMENTSession Chair: Ernesto O. Brown, Philippine Council for Agriculture, Aquatic and Natural Resources Research and Development

Assessing the Impacts of the Closed

Fishing Season Policy for Sardines

in Zamboanga Peninsula, Philippines:

An Interdisciplinary Approach

Agnes C. Rola, Teresita A. Narvaez, Maria Rio

A. Naguit, Dulce D. Elazegui, Bing Baltazar

C. Brillo, Merlyne M. Paunlagui, Hadji C.

Jalotjot,* and Catherine P. Cervantes

College of Public Affairs and Development, University of the

Philippines Los Baños

ASEAN Economic Community:

Opportunities and Implications for the Agriculture, Fishery, and Forestry Sectors

Niño Alejandro Q. Manalo*, Geny F. Lapiña, Rodger M.

Valientes, Rowena A. Dorado, Emmanuel

Genesis T. Andal, Mar B. Cruz, Ruth Jazrel M. Bandong, Maria

Angelica U. Sarinas and Gio Marco M. Cruz

College of Economics and Management, University of the


Are We Ready for the Food Safety Regime?

Evidence for the Commodity Supply Chain Stakeholders

Isabelita M. Pabuayon*, Clarita T. Dagaas,

Simplicio M. Medina and Maria Josie V.

SumagueCollege of Economics

and Management, University of the


Session A4 (BPI Panel)FINANCIAL MARKETS AND ECONOMIC PERFORMANCESession Chair: Emilio S. Neri Jr., Bank of the Philippine Islands

BPI Economic and Financial Markets Outlook for 2018

Emilio S. Neri Jr.Bank of the Philippine

Islands

GARCH vs. Traditional Methods of Estimating Value-at-Risk (VaR) of the

Philippine Bond Market

William Charles B. Galvez,* Victor A. AbolaUniversity of Asia and

the Pacific


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8 November 2017

PARALLEL SESSION A1:30 - 3:00 pmSession A5 HUMAN CAPITALSession Chair: Aleli D. Kraft, University of the Philippines School of Economics

Effects of Trade on Unemployment and

InflationNikkin L. Beronilla

National Anti-Poverty Commission

Determinants of the Per capita Out-of-Pocket Health

Expenditure of the 4Ps Families in the

PhilippinesMartha Joy J. Abing

Mindanao State University-Iligan

Institute of Technology

A Decomposition of Analysis of Wage

Inequality in the Philippines

Neriza Chow,* Maria Fe Carmen Dabbay,* and Mariel Monica SaulerDe La Salle University

Determinants of Maternal Health

Care Utilization of Pantawid Pamilyang

Pilipino Program (4Ps) Beneficiaries in

Tacloban CityRea Lyn E. Camposano, Jeric J. Carvajal,* Miah Maye M. Pormon, and John Raphael C. Riel

University of the Philippines Visayas

Tacloban College

Session A6METHODS: FORECASTINGSession Chair: Kevin C. Chua, World Bank

Macroeconometric Modeling of Mixed

Frequency Economic and Financial

Variables in Support to Nowcasting of

Philippine Economic Growth

Cesar C. RufinoDe La Salle University

Assessing Forecast Uncertainty: An

Information Bayesian Approach

Fabian Mendez-RamosWorld Bank

Modeling and Forecasting the Philippine Zero-

coupon Yield Curve Using the Dynamic

Nelson-Siegel ModelMa. Isabela Regina

U. AbolaSchool of Economics,

University of Asia and the Pacific

Is Openness Necessary for

Growth? Evidence from a Panel

Cointegration Analysis

Ma. Isabel M. Fernandez, Relian

Edgar C. Soriente and Irwin Kendrick L. Uy

De La Salle University

* paper presenter

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PARALLEL SESSION A1:30 - 3:00 pmSession A7POVERTY IN THE PHILIPPINESSession Chair: Arlene B. Inocencio, De La Salle University

Methods: Forecastin Differential Impact of a Poverty Alleviation

Program Targeting Households Living in Ultra-poverty in the

PhilippinesKrisha Lim*, Lincoln Lau and Donald ColeInternational Care

Ministries

Understanding the Poverty Issue through

Employment-Based Dependency Ratio

Shirra Jazel L. de GuiaUniversity of the

Philippines School of Statistics

What Drives Sectoral Growth in the

Regions?James Matthew

B. MiraflorInstitute for Popular

Democracy

Session A8TRADESession Chair: Peter Lee U, University of Asia and the Pacific

Trade Slowdown since the Global Financial Crisis - Implications

for Asia and the Philippines

Madeline D. Cabauatan* and

Ganeshan WignarajaAsian Development

Bank

An Empirical Assessment of Trade Creation and Trade Diversion Effects

of the ASEAN-China Free-Trade

Agreement: Has the Philippines Become More Integrated?

Paul Neilmer M. Feliciano

Asian Development Bank

Foreign Direct Investments and

Economic Growth: Evidence of Firm-Level Productivity Spillovers

in the Philippines Rainier Ric B. de la Cruz

University of the Philippines Baguio

New Generation Trade Agreements

and Philippine Agriculture

Agham Cuevas and Emmanuel Genesis

AndalUniversity of the



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8 November 2017

POSTER SESSION3:00 - 3:20 PM

The Effect of Environmental

Quality on Philippine Agricultural Productivity

Marlou U. Abdul,* Sittie Ashia Gani, Resa Mae C.

Laygan* and Ruhn Johnsan Sebial



Towards a Sustainably-Managed

Fish Sanctuary and Marine Reserves:

Knowledge, Attitudes and Practices and

Willingness-to-Pay of Coastal Residents in

Albay, PhilippinesErwin E. Torres*

Ronnel R. Dioneda Sr.Bicol University

Occupational Gender Segregation in

Selected Government Agencies in Legazpi

City, AlbayCris Jay M. Agana,

Renzo O. Bencalo and Jenan S. Naz

Bicol University

Large Incentives Make Women as

Competitive as MenAna Patricia M. Muyco,

Christian Anthony P. Ng, Joseph Gabriel C.

Pronove, Jose Miguel E. Velasquez

De La Salle University

PARALLEL SESSION B3:20 - 4:50 PMSession B1 (EPDP Student Session)POWER AND DEVELOPMENT: COOPERATIVES, DEMAND FORECASTING, AND QUALITYSession Chair: Geoffrey Ducanes, Energy Policy and Development Program

Understanding the Performance of

Electric Cooperatives and its Economic

Impact on Households and Firms in the

PhilippinesJoshua Gapay and

Donna BajaroUP School of Economics

Forecasting Sectoral Electricity Demand in

the PhilippinesRicardo Ang III and

Pia MedranoUP School of Economics

Does Quality of Electricity Matter? Household-Level

Evidence from the Philippines

Vanessa Mae PepinoUP School of Economics

Reactors:Arlan Brucal

Ramon Clarete Rolando Danao

* paper presenter

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PARALLEL SESSION B3:20 - 4:50 pmSession B2 (ASOG Panel)RETHINKING INFRASTRUCTURE DEVELOPMENT IN THE PHILIPPINESSession Chair: Alvin Ang, Ateneo de Manila University

PPP 101 Mia Mary Sebastian, Deputy Director, Public-Private Partnership Center

Presenter

Discussants

Cosette Canilao Managing Director- PPP Advisory, Atkins Acuity

Karen Olivia Jimeno Undersecretary for Legal Affairs and Priority Projects

Department of Public Works and Highways

Roberto Lim Former DOTr

Undersecretary for Aviation and Airports

John Sevilla Former DOF Undersecretary for

Privatization

Raymund Martin Miranda Chief Strategy

Officer/Chief Risk Management Officer

ABS-CBN Corporation

Session B3 (NEDA Panel)NEDA RESEARCH CURRENTSSession Chair: Rosemarie G. Edillon, National Economic and Development Authority

Minimum Wage Policy in the Philippines and Its Impact on Employment and

WagesGenerose Y. BallesterosNational Economic and Development Authority

Growth and Poverty Impact of the Regional

Infrastructure Program in 2017-

2022Caesar B. Cororaton,

Krista Danielle S. Yu,* Desiree Joy O. Narvaez

and Rachelle Lynn Y. Belandres

National Economic and Development Authority

Ex-Ante Analysis of the Impact of Regional

Comprehensive Economic Partnership

Agreement on the Philippines

Ma. Cecilia Angela D. Labadan

National Economic and Development Authority


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8 November 2017

PARALLEL SESSION B3:20 - 4:50 pmSession B4 (FNF Panel)CLIMATE CHANGE AND THE ECONOMICS OF NATURAL DISASTERSSession Chair: Karl Robert L. Jandoc, UP School of Economics

Climate Trends and Change in the

PhilippinesFlaviana D. Hilario

Deputy Administrator for Research and

DevelopmentPhilippine Atmospheric,

Geophysical and Astronomical Services

Administration

Coping Strategies to Natural Disasters

Majah-Leah V. Ravago, Dennis S. Mapa, andJun Carlo Sunglao*


Effect of Deforestation on the Risk of Climate

ChangeBenz Louise B.

Genelazo*, Jamimah L. Macada-ag*, Maria Quina P. Mirasol* and Filbert M. Tabudlong



A Qualitative Analysis of the

Government and Non-Government

Organizations Intervention on the Coconut Industry of Tanauan, Leyte

After Super Typhoon Yolanda

Gerwyn P. Enerlan*, Rodmar Emmanuel Ecaldre and Jenny

GacutnoUniversity of the

Philippines Visayas Tacloban College

Session B5TIME SERIES DATA AND CONTINGENT VALUATION Chair: Romeo Matthew T. Balanquit, UP School of Economics

Remittance and Risk: Do Remittance-

Receiving Households Take on More

Financial Risks?Angeli Grace S. Juani

and Al-Habbyel B. Yusoph

University of the Philippines School of

Economics

Powering Tourism: Wind Energy and

Its Impact on Rural Tourism in Ilocos

NorteMishael Joy S. BarreraMariano Marcos State

University

Bubbles in the Philippine Peso-

US Dollar Exchange Rate

Celine J. Alcantara*, Yolanda T. Garcia and Maria Luisa G. Valera

University of the Philippines-Los Baños

Contagion of Financial Crises: An

Empirical Analysis on the Philippine Stock

MarketKaren T. Ragel*,

Yolanda T. Garcia and Roger M. ValientesUniversity of the

Philippines-Los Baños

* paper presenter

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PARALLEL SESSION B3:20 - 4:50 pmSession B6 AGRICULTURESession Chair: Charlotte Justine Diokno-Sicat, UP Virata School of Business

Investment Appraisal and Risk Assessment

of Protected Vegetable Cultivation

under Leyte Conditions

Moises Neil V. Seriño and Therese C. Ratilla* Visayas State University

Economic and Management Analysis of Social Enterprises and EntrepreneursJoselito T. Sescon*,

Philip Arnold P. Tuaño* and Jose Gerardo A.

CruzAteneo de Manila

University

Agricultural Loan Sourcing and

Utilization of Corn Farmer-borrowers in Isabela: Factor

Prediction and Effect on Net Farm IncomeJericho I. Galang* and

Marilyn M. ElauriaDevelopment Academy

of the Philippines and University of the Philippines Los Baños

Session B7PUBLIC POLICYSession Chair: Ma. Teresa S. Habitan, Department of Finance

Impact of Tax Reform: A Simulation

Nikkin L. BeronillaNational Anti-Poverty

Commission

Fiscal Wastage and Election Competition Mel Lorenzo M. AccadEast-West Center and

University of Hawaii at Manoa

Women in Boards of Philippine Publicly Traded Firms: Does Gender Diversity in

the Boardroom Affect Corporate Risk-taking

Behavior?Ailyn A. Shi*, Michelle Ong Yiu, Angelo Louie Ricafrente, Angelo A. Unite, and Michael J. Sullivan, De La Salle University School of

Economics


the 55th annual meeting and conference of the … · the 55th annual meeting and conference of the...

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