Supply analysis of rice in the Philippines 1983-2012 / by Ruby Ann A. Arañez.
Material type: TextLanguage: English Publication details: Indang, Cavite : Cavite State University-Main Campus, 2014.Description: xii, 53 pages : illustrations ; 28 cmContent type:- text
- unmediated
- volume
- 338.5 Ar1 2014
- College of Economics, Management and Developmental Studies (CEMDS)
Item type | Current library | Collection | Call number | Materials specified | URL | Status | Notes | Date due | Barcode |
---|---|---|---|---|---|---|---|---|---|
Theses / Manuscripts | Ladislao N. Diwa Memorial Library Theses Section | Non-fiction | 338.5 Ar1 2014 (Browse shelf(Opens below)) | Link to resource | Room use only | T-5838 | 00009454 |
Thesis (BS Economic--Business Economics) Cavite States University
Includes bibliographical references.
College of Economics, Management and Developmental Studies (CEMDS)
ARANEZ, RUBY ANN A. “Supply Analysis of Rice in the Philippines”. Undergraduate Thesis. Bachelor of Science in Economics. Cavite State University, Indang, Cavite, October 2014. Adviser: Dr. Luzviminda A. Rodrin
The study was conducted to describe the rice industry in the Philippines from 1983-2012; determine the relationship of quantity supply of rice in the selected independent variables such as area planted to rice, price of rice, price of corn, price of fertilizer, and amount of rainfall; and determine the price elasticity of supply of rice in the Philippines.
Secondary data were used in the study. Data on area planted to rice, price of rice, and price of corn were obtained from the Bureau of Agricultural Statistics (BAS), price of fertilizer was secured from Fertilizer and Pesticide Authority (FPA), while amount of rainfall was gathered from Philippine Atmospheric, Geophysical and astronomical Services Administration (PAGASA). This study was conducted from November 2013 to January 2014.
The results of the multiple linear regression for full model showed that the quantity supplied of rice was significantly related to area planted to rice, price of com, and amount of rainfall.
Furthermore, the results of the multiple linear regression for stepwise showed that the area planted to rice, and price of corn had positive relationship to the quantity supplied of rice, while amount of rainfall had negative relationship to the quantity supplied of rice. The variables were found to be significant at five percent level of significance.
The results of price elasticity of supply showed that the supply of rice does not change when price changes. In other words, the price elasticity of supply was inelastic.
This was due to the length of time from planting to harvesting before being able to market the product. Also, the volume of imported rice affected the result.
Submitted to the University Library 08/04/2020 T-5838