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Undergraduate Research Paper

Permanent URI for this collectionhttps://hdl.handle.net/20.500.14583/28

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Committee Chair: search.filters.chair.Fernandez, Pepito R., Jr.SDG: search.filters.sdg.SDG 8 - Decent work and economic growth

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    The economic cost of motorcycle accidents in Iloilo City
    Brodit, Vyel Marie C.; Maghopoy, John Martin F. (Division of Social Sciences, College of Arts and Sciences, University of the Philippines Visayas, 2016-06)
    The increasing number of motorcycle accidents in the Philippines is a serious concern. Every accident involves costs, especially among the people involved. Using the Human Capital Approach, this study estimated the cost of motorcycle accidents in Iloilo City, focusing on the cost incurred by those involved in the accident, including the motorist, the passenger of the motorist, the driver of the other vehicle, and the pedestrian. Costs were also estimated according to the severity of the injury. Cost data were collected from 101 study participants who were involved in 92 separate motorcycle accidents in Iloilo City in 2015. The costs estimated include medical costs, productivity loss, property damages, accident settlement, other costs, and pain and suffering. Results show that the total cost of the motorcycle accident was P82,507,768.25 or P26,377.16 per accident victim. The motorists incurred the largest cost at P36,897.51 per victim and the passengers incurred the least cost at P 6,910.93 per victim. The medical expenses comprised 46 percent of the total cost, highlighting how motorcycle accidents pose a grave threat to health and to the household economy. Seriously injured victims incurred P170,594.98 per accident, while victims with minor injuries incurred P 9,002.29 per accident. The study recommends for: 1) strict enforcement of road safety and traffic rules and regulation; 2) identification of areas where motorcycle accidents are common and studying the physical layout of the area that could have contributed to the accidents; 3) studying the factors contributing to motorcycle accidents; 4) including the cost of motorcycle accidents on society in future similar studies; and 5) the estimation of the optimal number of motorcycles on the road, which could guide traffic program design.
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    Economic analysis and adaptation measures of small-scale aquaculture in Roxas City, Capiz
    Baes, Marla May A. (Division of Social Sciences, College of Arts and Sciences, University of the Philippines Visayas, 2015-06)
    This research was conducted to find out the contribution of the aquaculture industry to the city and to the small-scale farmers of Roxas City. It also determined the socio-economic impacts brought by the hydrometeorological events and identified the adaptation measures employed by the local government and the aquaculture operators. This study used cost and returns analysis, market based approaches and OLS regression to analyze the data gathered from the 187 small-scale milkfish, mussel, and oyster farmers in Roxas City. The findings showed that the aquaculture industry significantly contributed to revenue, employment, production and profit. However, the industry was affected by hydrometeorological events which brought about significant damage cost. Most of the aquaculture operators employed various adaptation strategies to cope with these hydrometeorological occurences. Some of them, however, did not find it necessary to adapt because either they do not have enough money to finance adaptation strategies or they perceive that the impacts are not that significant. This study recommends that the government should provide other alternative climate-resilient livelihoods to the small- scale operators. It should also employ sustainable adaptation measures aside from providing trainings and seminars about aquaculture operation such as by integrating climate change adaptation techniques to aquaculture farming.
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    Labor market indicators and crime rate in the Philippines using regional panel data regression analysis
    Abonado, Alexander O.; Legayada, Frentien Ruigi L. (Division of Social Sciences, College of Arts and Sciences, University of the Philippines Visayas, 2016-05)
    Few empirical research exists that study on the relationship between labor market indicators and crime and those studies that have done so, use national level data. This paper aims to determine the relationship of labor market indicators and crime rate in 17 regions in the Philippines using regional-level panel data analysis. A regression analysis has been presented using data from three different time periods-2002 to 2008, 2009 to 2014, and 2002 to 2014. The evidence suggests that completion rates in both primary and secondary and gross regional domestic product per capita have consistent and significant effects on crime whereas labor market indicator variables, such as unemployment rate, underemployment rate and labor force participation rate have statistically insignificant coefficient estimates.