Clarete, Ramon L.2012-06-262012-06-262004https://hdl.handle.net/10986/9076This paper documents the adoption of transaction valuation reform in the Philippines and assesses its impact on collection, customs administration cost, and business transaction cost. Philippine customs authorities and critics of the reform have been concerned that giving up the use of published official customs values would lower customs collection. On the contrary, this research shows the use of transaction values expanded customs revenues.CC BY 3.0 IGOWorld Development Report 2005World Bank10.1596/9076