Open AccessThe Impact of ICT on Service Sector’s Productivity and Employment in the Philippines
Author(s) -
Pauline Alaiza Mercado,
Gia Ann Granadino,
Elisha Mariz Pasco,
Marie Antoinette Lukban Rosete
Publication year - 2022
Publication title -
journal of economics, finance and accounting studies
Language(s) - English
Resource type - Journals
ISSN - 2709-0809
DOI - 10.32996/jefas.2021.3.2.26
Subject(s) - information and communications technology , productivity , business , variable (mathematics) , service (business) , tertiary sector of the economy , variables , economics , economic growth , marketing , political science , computer science , mathematical analysis , mathematics , machine learning , law
Various studies have been conducted among different countries to determine the relationship of ICT on productivity and employment, but the results vary among industries and firms. This research aims to examine the impact of ICT on the service sector productivity and employment in the Philippines through quantitative research methods. Findings on the relationship between ICT and Productivity show that all the independent variables have a linear relationship on the dependent variable while the findings on the relationship of ICT and Employment, only Labor Force Participation Rate shows a nonlinear relationship to the dependent variable. The researchers ought to impart knowledge about the opportunities and threats brought by ICT, which may guide the policymakers who formulate policies regarding the advancements brought by ICT.