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Past studies reveal that forward markets reduce prices and mitigate market power. However, these results are conditional on the ability of sellers to leverage arbitrage opportunities in spot (real-time) and forward (period-ahead) markets. To investigate this further, we conducted a laboratory experiment to examine the impact of alternative forward market microstructures on the market for a non-storable commodity (i.e., electricity).
The fishery sector consistently ranks among the poorest sectors in the Philippines, putting pressure on the government to address these economic challenges.
The first semester issue of the Philippine Journal of Development for 2025 features a diverse set of articles that explore key development concerns in the Philippines, including the fishery sector, free trade agreements, persons with disabilities, and senior high school graduates.
As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.
