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Committee Chair: search.filters.chair.Fernandez, Pepito R., Jr.Degree: search.filters.degree.Bachelor of Science in Economics

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    Cost analysis of coral gardening in Bato Bukay MPA, Guimbal, Iloilo
    Acob, Philina Riva L.; Rojas, Jan Katherine C. (Division of Biological Sciences, College of Arts and Sciences, University of the Philippines Visayas, 2016-06)
    This study analyzes the costs of coral gardening in Bato Bukay MPA in Guimbal. Iloilo. Cognizant of the degradation of their coastal areas and fisheries, the community of Bgy Nalundan, where the marine protected area is located, sought to find solution through marine conservation and coral gardening. Being the habitat and breeding grounds of fishes, coral reefs are one of the most important natural resources that people must protect. Hence, several projects were implemented to propagate the establishment of Marine Protected Areas such as the deployment of artificial reefs and coral gardening activities. Costs of coral gardening in the site were estimated using key informant interviews with individuals who were involved with or who were knowledgeable on the establishment and maintenance of the project, and from secondary sources, thereby enabling the computation of the total costs. A survey of randomly selected participants that included Contingent Valuation Method was conducted in barangays Nalundan, Calampitao and Cabubugan, to determine the socio-economic profile and estimate the local community support through their willingness-to-pay and willingness to support in kind. Proportional sampling formula, adjusted to small population was used to determine the number of these participants across the barangays. The total cost for coral gardening on its first year was estimated as Php 336.684 combining all the fixed, variable and opportunity costs incurred. Out of the total costs, 40% amounted as fixed costs, while 33% were variable costs, and 27% constituted opportunity costs. More people were willing to pay in-kind by volunteering than to pay in monetary terms for the project’s fund for sustainability.
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    Willingness-to-pay for the conservation of Mararison Island and its surrounding waters in Culasi, Antique
    Aguirre, Angelluz C.; Jauod, Ferly Mae P. (Division of Social Sciences, College of Arts and Sciences, University of the Philippines Visayas, 2016-06)
    The island of Mararison in the municipality of Culasi, Antique Province is rich in natural resources and its beautiful scenic view has been attracting tourists. Overtime, the number of tourists has increased, making the island and its surrounding waters vulnerable to degradation. Protection and conservation of the island and its surrounding waters will promote its sustainability. This study was conducted to determine the willingness-to-pay (WTP) of the local residents of the municipality of Culasi for the conservation of Mararison Island and its surrounding waters. The study also described the socio-demographic and economic characteristics, level of awareness, knowledge and attitude towards the conservation and the reasons for the willingness to pay of the residents for the conservation of the island and its surrounding waters. The Contingent Valuation Method was used to determine the study participants’ WTPs. Binary logit regression was conducted to identify the factors affecting the study participants’ WTP. A pilot-tested interview schedule was used to collect data from 300 randomly selected study participants in 10 barangays in the municipality of Culasi in January to April 2016. The results showed that 86 percent of the study participants were willing to pay (with adjustment to certainty) for the conservation program. Without adjustment to the level of certainty, the annual household income, the randomly assigned bid prices, and knowledge index were the variables that affect the willingness-to-pay of the study participants. With adjustment to the level of certainty, the age, educational attainment (elementary and high school), knowledge index and randomly assigned bid prices were the variables that affect the willingness-to-pay of the study participants. The annual mean WTP of the study participants with and without adjustment to the level of certainty were Pl66 and Pl40, respectively. This study can be used by the municipality of Culasi as basis in planning for the conservation program of the Mararison Island and its surrounding waters.
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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.