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Abstract
The developments in regional Computable General Equilibrium (CGE)
models have been reviewed with a view to identify future directions for
modelling in the Philippines. It is observed that regional CGE models have
been used extensively in the analysis of national and regional issues.
These models can be divided into three classes: region-specific, bottomup
and “partial” models. This paper asserts that existing models of the
Philippines generally belong to the third class. This implies that there is
very little scope for evaluating region-specific issues in the Philippines.