00000caa a22000003i 4500 UP-1685594773862409089 Buklod 20210504165206.0 m | | ta 210706s2015 xx a r |||| u|eng d 16551516 (iLib)UPBAG-00040012104 BAG rda eng ARTICLE-3359 Daway, Sarah Lynne S. author. A note on the effects of remittances and overseas migration on some Philippine statistics Sarah Lynne S. Daway and Geoffrey M. Ducanes. [Quezon City] School of Economics, University of the Philippines 2015. pages 95-116 illustrations 23 cm text rdacontent unmediated rdamedia volume rdacarrier Title was 'Philippine Review of Business and Economics' until 1979. Title changed to 'Philippine Review of Economics and Business' from 1980-2000, and again changed to 'Philippine Review of Economics' since 2001. Includes bibliographical references (pages 115-116) The Philippines is peculiar in that a significant portion of its population is dispersed globally, sending remittances that have exceeded 8 percent of its gross domestic product (gdp) in recent years. For the last two decades, the country has enjoyed a steady flow of remittances from overseas Filipino workers, which has not only provided an additional source of disposable income to domestic households but has also served as a buffer against economic downturns. This note shows that standard gdp accounting and current labor statistics may inadequately account for remittances and overseas migration, especially their corresponding welfare consequences. A better valuation of welfare and living standards requires alternative measures that would better capture the migration phenomenon. Migrant remittances Philippines. Migrant labor Economic aspects. Emigration and immigration. Ducanes, Geoffrey M. author. The Philippine Review of Economics Vol. 52, no. 1 (June 2015), p. 95-116. Request full-text access via UPB University Library through https://forms.gle/KZjBv7aRtY6jiL5E9 FI UPBAG UPBAG-MAIN ARTICLE-3359 Analytics