Factors Affecting the Agricultural Productivity in the Philippines

Authors

  • Gregory Mark L. Salameda College of Commerce and Business Administration, University of Santo Tomas, Manila, Philippines
  • Moira Ellise C. Lascano College of Commerce and Business Administration, University of Santo Tomas, Manila, Philippines
  • Ronaldo R. Cabauatan College of Commerce and Business Administration, Research Center for Social Sciences and Education, The Graduate School, University of Santo Tomas, Manila, Philippines

Keywords:

Agricultural productivity, Employment, Gross capital formation, Income, Land

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.

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Published

26-11-2023

Issue

Section

Articles

How to Cite

[1]
G. M. L. Salameda, M. E. C. Lascano, and R. R. Cabauatan, “Factors Affecting the Agricultural Productivity in the Philippines”, IJRESM, vol. 6, no. 11, pp. 131–138, Nov. 2023, Accessed: Jul. 13, 2024. [Online]. Available: https://journal.ijresm.com/index.php/ijresm/article/view/2867

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