.
by
t_o_d
_mmon the
to al.,i: of
sector
the izdlvldual
compa-_oat£ve advantage
of
the
of pr!c_
/r, terven_.ion policies
sector°
For _,he former,
sector
on the
t, he _easure
_'esource cost, (DRC) of e_rnln_
stud.lea is
and_ retur_,
further, to
as attempt: to assess to measure
the. producers
in the.
foreign exchange,
For the
nominal, pxo_e,ctlo_,lrates. (NPI_,> _ i_pllt_.L .tariffs (IT), ef;ectlve
In
this a'ppe,_._d..ix, _e s_-
and.pro_edux,,e_ _:ha._: were used. we a_:temp_ to clarify well as t:onoto
C_apara_ive £n savi_g sxports
•
Inthe
_ut ........... to acco_plIsh
protectlon
rates
to est_a_.t'._
pro_ectlon
.(NEFR) were calc_llated.
-th_.se. measures,
In add.ICion, as
and Impl:'l.cat_ns of. these measures,
_xchange
r_fer_,
t,:_ _:hv reined.re
_hrdugh
:t_.porC
long run the natLo_ _h±e
_Ith maximum
_fi,:iency
_b_:_ut:h;n
_._s.e, _, " • ,.a._.aace.
or it_
of
an
activity
ea_:xzJ.n_, it.
foreig_
through
exchange
c:f_-te._;.en_,,7 me_s .to do_:_o at least
:.used,.Accordlngly., if O_e actlv[ty
Less at the margin::Indome, stin res_x_rce,cost_
advantageous
latter,
c-oresof-_hel r sbO_tc:_mi_-tg__.,..
In social value of resources
_oreig_ exchange
"
ou_: _ha var.lous def_m;ifloss, assumpt_ons,
the meaning
advantage
foreign
e£fect
_sed-Ir_ _,Ii:studies was the domes__e
and. e,vL_
rates • (F2R).,_armd _et effective
the
than a_.other activity,
budget; cost
requires
to save or ea_:n a unit o£
the former-is
compar_t_ve,ly-
In relation, Co _he latter.. 'l_:_-us ect_,vlt_es can he ranked .at
e " ReseBrch Fellow and Consu!Lant, respe.e£.i,vel.y, a_ the Philippine " Institute fo:_ Development $tudles. _U'_l,_. short paper is an appendix Co the PIDS research study _mEconom_,/ Policies and Ph_.llpplne Agriculture conducted••by Crls_,.in_C. David and Assocla_es,