Volume 27, Number 2

The Effects of Shifting to Transaction Value and Other Issues

Abstract

This study takes off from an earlier inquiry on the effects of Home Consumption Value (HCV) valuation. It is intended to assist policymakers in examining the requirements for an effective implementation of the General Agreements on Tariffs and Trade Valuation Code (GVC). This study identifies several advantages and disadvantages under the GVC regime. Nevertheless, based on the findings of the study, the gains from implementing the GVC outweigh the potential losses as long as the legal framework and institutions for the World Trade Organization (WTO) compliance are in place.

Citations

  1. Aldaba, Fernando T.. 2002. Philippine development: A research journey through the Philippine Journal of Development. Philippine Journal of Development PJD, 29. Philippine Institute for Development Studies.
Full Issue

SHARE


Featured Image

The Philippine Journal of Development (PJD) is a multidisciplinary, peer-reviewed journal published biannually by the Philippine Institute for Development Studies (PIDS). It serves as a platform for disseminating policy-oriented research on development issues, including the economy, business, public administration, foreign relations, sociology, and political dynamics. 

P-ISSN 2508-0954 • E-ISSN 2508-0849 • https://doi.org/10.62986/pjd