Shortage in water supply is one of the major problems that the Philippines is facing since it wil... more Shortage in water supply is one of the major problems that the Philippines is facing since it will drastically affect the entire economy, alongside with natural phenomena such as El Niño and La Niña, which will further intensify the negative effects on the economic development process. The Inoperability Input-Output Model (IIM) captures the magnitude of the disruptive effects of El Nino to the agricultural sector, particularly affecting three of the most sought-after crops in the Philippines namely palay, sugar cane and tobacco and will surely help improve the economic growth of the country. This study will use the National Statistics Coordination Board's (NSCB) 2000 Input-Output table under the deterministic assumption; moreover, an optimization problem using NSCB's gross domestic product and output data for the agricultural sector’s three specific items namely tobacco, palay and sugar canes, will be used to minimize economic loss. The study aims to (i) determine the magnitude of the disruptive effects of El Nino to the 3 crops (palay, sugar canes, tobacco) due to the reduction in water supply; and (ii) determine the optimal allocation of water to the different sectors, especially in the agricultural sector, in the Philippine Economy using total water withdrawals per capita and per sector in order to minimize GDP loss.
Developing countries have been facing a lot of challenges with regards to their economic status. ... more Developing countries have been facing a lot of challenges with regards to their economic status. Empirical studies have been conducted by several researchers to determine if there is a relationship between some factors that affect the economy. Three factors will be discussed in this paper, namely: globalization, growth and inequality. The purpose of this paper is to synthesize the data and information gathered from previous studies of different authors and to state the possible relationships that the given factors might have. Latin America will be used as an example or basis to illustrate the findings stated in this paper. This study would help policymakers in determining the right actions to be made given the data of some economic indicators affecting each other.
Rice, together with wheat and corn, accounts for more than 50% of the caloric intake of the entir... more Rice, together with wheat and corn, accounts for more than 50% of the caloric intake of the entire world’s population. It is also considered as one of the leading sources of energy of human beings (IRRI, n.d.). Rice is also a source of income for farmers as sustenance to the daily finances of their family. In the Philippines, rice is considered as the most important staple food which is usually consumed in every meal. It accounts for almost one-fourth of the household expenditures of the poorest Filipino families (Balisacan & Sebastian, 2006). This shows that almost every person consumes rice daily, which is why the researcher would like to study the retail price of rice in the Philippines. This study uses the ARIMA model to forecast the future prices of rice using the software TRAMO-SEATS for Windows (TSW) and Eviews 9 Student Version. The forecasts will be based on past data from the years 2010-2015. Studying the price of rice will give an idea on how much of the household income must be allocated to rice alone.
Shortage in water supply is one of the major problems that the Philippines is facing since it wil... more Shortage in water supply is one of the major problems that the Philippines is facing since it will drastically affect the entire economy, alongside with natural phenomena such as El Niño and La Niña, which will further intensify the negative effects on the economic development process. The Inoperability Input-Output Model (IIM) captures the magnitude of the disruptive effects of El Nino to the agricultural sector, particularly affecting three of the most sought-after crops in the Philippines namely palay, sugar cane and tobacco and will surely help improve the economic growth of the country. This study will use the National Statistics Coordination Board's (NSCB) 2000 Input-Output table under the deterministic assumption; moreover, an optimization problem using NSCB's gross domestic product and output data for the agricultural sector’s three specific items namely tobacco, palay and sugar canes, will be used to minimize economic loss. The study aims to (i) determine the magnitude of the disruptive effects of El Nino to the 3 crops (palay, sugar canes, tobacco) due to the reduction in water supply; and (ii) determine the optimal allocation of water to the different sectors, especially in the agricultural sector, in the Philippine Economy using total water withdrawals per capita and per sector in order to minimize GDP loss.
Developing countries have been facing a lot of challenges with regards to their economic status. ... more Developing countries have been facing a lot of challenges with regards to their economic status. Empirical studies have been conducted by several researchers to determine if there is a relationship between some factors that affect the economy. Three factors will be discussed in this paper, namely: globalization, growth and inequality. The purpose of this paper is to synthesize the data and information gathered from previous studies of different authors and to state the possible relationships that the given factors might have. Latin America will be used as an example or basis to illustrate the findings stated in this paper. This study would help policymakers in determining the right actions to be made given the data of some economic indicators affecting each other.
Rice, together with wheat and corn, accounts for more than 50% of the caloric intake of the entir... more Rice, together with wheat and corn, accounts for more than 50% of the caloric intake of the entire world’s population. It is also considered as one of the leading sources of energy of human beings (IRRI, n.d.). Rice is also a source of income for farmers as sustenance to the daily finances of their family. In the Philippines, rice is considered as the most important staple food which is usually consumed in every meal. It accounts for almost one-fourth of the household expenditures of the poorest Filipino families (Balisacan & Sebastian, 2006). This shows that almost every person consumes rice daily, which is why the researcher would like to study the retail price of rice in the Philippines. This study uses the ARIMA model to forecast the future prices of rice using the software TRAMO-SEATS for Windows (TSW) and Eviews 9 Student Version. The forecasts will be based on past data from the years 2010-2015. Studying the price of rice will give an idea on how much of the household income must be allocated to rice alone.
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