Undergraduate Research Paper
Permanent URI for this collectionhttps://hdl.handle.net/20.500.14583/28
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Item Foreign direct investment and economic growth of countries in Southeast Asia: A panel data approachCalvario, Aileen S.; Villaram, Arlene A. (Division of Social Sciences, College of Arts and Sciences, University of the Philippines Visayas, 2013-04)Since the boom of foreign direct investment that accompanied an overall economic upturn in many Asian economies in the late 1980’s and early 1990s, flows of FDI to Asian economies have attracted a significant attention to a number of FDI literatures that recognizes the contribution of FDI to economic growth of most developing countries in Southeast Asia. This study was conducted to determine the impacts of foreign direct investment on the economic growth of countries of Southeast Asia. The data were gathered from the World Development Indicators (WDI) and United Nation Conference on Trade Agreement and Development (UNCTAD). Fixed Effects, Random Effects, and Pooled OLS estimation procedures were employed to analyze the impacts of FDI on the economic growth of countries in Southeast Asia. Results showed that without trade openness, FDI has a positive and significant impact on economic growth of the nine Southeast Asian countries. However, after adding trade openness as regressors in the model, results showed that FDI still has positive but not statistically significant impact on the economic growth of countries in Southeast Asia.Item Economic and living conditions of migrant households in Baybay Norte, Miagao, IloiloCalizo, Renz Marion J.; Ydulzura, Nona Jean C. (Division of Social Sciences, College of Arts and Sciences, University of the Philippines Visayas, 2024-07)This study aims to determine the economic and living conditions of the migrant community in Baybay Norte, Miagao, Iloilo. The total number of respondents in the household survey is 101. Decile dispersion ratio, Gini coefficient, and logistic regression were utilized to identify the determinants of poverty and the level of inequality among migrant households. Results indicated that 21.8% of the migrant households fall below the poverty line. The poorest 10% accounts for 3.7% of the total income compared to the 10% richest, which accounts for 36.1%. A Gini index of 0.40 also reveals the high level of inequality among them. The logistic regression results reveal that the percentage of earners in the household, formal education of household head, level of expenditure per capita, engagement in formal employment, and electricity consumption are the significant variables that determine the likelihood of the migrant households being poor. The findings of the study have significant implications for the development of interventions and policies aimed at improving the living conditions of migrant households experiencing poverty.Item The economic cost of motorcycle accidents in Iloilo CityBrodit, 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.Item Cost structure and profitability of oyster farming in Panay, CapizBaes, Jese B. (Division of Social Sciences, College of Arts and Sciences, University of the Philippines Visayas, 2002-03)The study focused on the economic analysis of oyster farming; particularly productivity, costs and returns, income, and employment aspects as they relate to different farm sites, farm sizes, and methods of culture in Panay, Capiz. A total of 27 oyster farmers were interviewed. Results revealed that the value of production per farm was estimated at P50,855, greatest in Butacal and least in Bantigue. By farm size, it appeared that the small farms were more efficient per unit area. The combination of broadcast, stake and hanging methods yields the highest crop per farm. Oysters harvested from the farm were primarily sold. About 5% were given away to friends, relatives, or paid for services, and family members consumed only 2%. Consisting mostly of boat/raft and plots, farm investment was relatively low in Agojo/Tanza Norte than in other farm sites. Butacal had the largest investment of P49,803 per farm. Investment per unit area was relatively less for the bigger farms. The hanging method required the least investment while the broadcast with stake appeared to be the most costly. Hired labor and food were the major variable inputs, depreciation accounted for fixed cost and opportunity cost primarily included opportunity cost of investment. Total expenses per farm averaged P5,623. By farm size, total costs were lower in larger oyster farms. As the farm size increased, expenses also increased while per unit area decreased with increasing farm size. Oyster farmers using the broadcast with stake method incurred the largest farm expenses. Gross income was estimated at P49,961 per year. A direct relationship between farm size and gross income exists. By method of culture, the combination of broadcast, stake and hanging methods earned the highest gross income. The same relationships as that for gross income were observed in the analysis of the net income. On the average, an oyster farmer received a gross profit of P49,727 and a pure profit of P45,232. Gross and pure profit increased with farm size. The combination of the broadcast, stake and hanging methods earned the highest pure profit of P79,511 Small- sized farms and farms that used the hanging method received negative pure profits. The study recommends that the government should take steps to improve the performance of the farms especially with the low-income farm sites and should seek ways of advancing the socioeconomic condition of oyster farmers. Likewise the municipal governments should properly implement the monitoring of oyster farms to check the socioeconomic conditions, the plans of the oyster farmers, and the obstacles they encountered toward the improvement of their business. Researches directed at enhancing the productivity levels of oyster farming should be given priority. Oyster farming being a part-time activity must be complemented with programs that encourage alternative income sources