An Analysis of the Citrus Industry in Nueva Vizcaya, Philippines

Authors

  • Justine Lee A. Idquival Department of Business Economics, College of Commerce and Business Administration, University of Santo Tomas, Manila, Philippines
  • Patricia Margaret P. Layog Department of Business Economics, College of Commerce and Business Administration, University of Santo Tomas, Manila, Philippines
  • Cheska Grace C. Victoria Department of Business Economics, College of Commerce and Business Administration, University of Santo Tomas, Manila, Philippines
  • Marie Antoinette L. Rosete Department of Business Economics, College of Commerce and Business Administration, University of Santo Tomas, Manila, Philippines

Keywords:

citrus industry, gross domestic product, agricultural land, temperature, precipitation, net export

Abstract

The citrus industry in the Philippines was booming in the early 50s and 60s and citrus became one of the top high-value crops in the country. However, despite the surge the industry experienced in the earlier years, it has also faced issues that affected the growth and development of citrus in the country. Nueva Vizcaya, named as the Citrus Capital of the Philippines, is the main citrus producer in the country, and this study seeks to analyze the effects of different variables on the citrus industry in the province. This paper utilized the usage of Ordinary Least Squares (OLS) regression analysis to investigate the relationship between the citrus industry in Nueva Vizcaya and its related variables, covering data from 1992 - 2022. The findings in this study will provide a basis for policy recommendation focusing on the further development and recognition of the citrus industry in Nueva Vizcaya.

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Published

16-12-2023

Issue

Section

Articles

How to Cite

[1]
J. L. A. Idquival, P. M. P. Layog, C. G. C. Victoria, and M. A. L. Rosete, “An Analysis of the Citrus Industry in Nueva Vizcaya, Philippines”, IJRESM, vol. 6, no. 12, pp. 144–153, Dec. 2023, Accessed: Jul. 25, 2024. [Online]. Available: https://journal.ijresm.com/index.php/ijresm/article/view/2890

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