Economic incentives and comparative advantage in Philippine Agriculture : the case of the National Cotton Develoment Program / by Arsenio M. Balisacan
Material type: TextLanguage: English Publication details: Los Baños, Laguna : 1982. Cavite State University- Main Campus,Description: 163 pages : illustrations ; 28 cmContent type:- text
- unmediated
- volume
- 633.15 B19 1982
Item type | Current library | Call number | Materials specified | URL | Status | Notes | Date due | Barcode |
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Theses / Manuscripts | Ladislao N. Diwa Memorial Library Theses Section | 633.15 B19 1982 (Browse shelf(Opens below)) | Link to resource | Room use only | T-1301 | 00002253 |
Thesis (M.S. - - Agricultural Economics) University of the Philippines, College, Laguna.
Includes bibliographical references.
BALISACAN, ARSENIO MOLINA, University of the Philippines at Los Banos, April 1982, Economic Incentives and Comparative Advantage in Philippine Agriculture: The Case of the National Cotton Development Program. Major Professor: Dr. Cristina C. David.
The impact of broad government policies and specific programs on the incentive structure in the cotton industry and the relative competitiveness of domestically produced cotton with respect to imported one were the primary focus of this study,
Results indicated that despite a clear positive protection conferred by government policies on the cotton industry, the protection on cotton farmers’ output and value added tended to be negative indicating that cotton farmers had been penalized by the government's protection system. This penalty was found more severe than that imposed by price policy on food crops but slightly higher than that on export crops.
The analysis further disclosed that the country exhibited a comparative advantage in local cotton production, underscoring the industry's relative efficiency in saving foreign exchange for the economy. Of the various parameters in cotton production, world cotton price and seed cotton yield per unit area were found to strongly influence the picture of the country's comparative advantage in the domestic production of the crop.
The study concluded with a call for a fuller exploitation of the country’s comparative advantage in cotton production.
It was stressed, however, that for this to be done, a more favorable price policy on seed cotton has to be instituted in order that the relatively new crop can effectively compete with traditional alternative crops. This policy redirection would tend to further offset the acute production disincentive potentially posed by violent seed cotton yield fluctuation experienced by the national cotton development program in recent years,
Submitted to the University Library 01/07/1994 T-1301