Factors Affecting the Agricultural Productivity in the Philippines

Abstract

In many developing countries like the Philippines, agriculture is one of the primary sources of income. With the potential to boost farmers' income and rural poverty reduction, it must increase agricultural productivity. Most people in rural areas depend on agriculture for employment and income; thus, shallow productivity results in low farmer income. This study sought to know how the agricultural factors of economics affect the total productivity, particularly how agriculture land, labor, and capital affect the agricultural productivity in the Philippines. Ordinary Least Squares (OLS) regression analysis was used in this work for determining the parameters and the relationship between the variables, covering data from 2000 to 2021. The study's conclusions provided valuable insights for the Philippines' agriculture sector to formulate more effective policies and strategies that enhance agricultural productivity by improving the relationship between the variables. These benefit the government institutions and the farmers, the primary stakeholders in the agriculture sector, which can strengthen agricultural productivity in the Philippines.