Open AccessClimate Change and its Effects in the Rice Industry of the Philippines
Author(s) -
Benjamin Vincent Teng,
Ezra Javier Uy,
ANDREW N. GONZALES
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.2022.4.1.39
Subject(s) - harm , climate change , agriculture , production (economics) , agricultural economics , natural resource , natural resource economics , value (mathematics) , business , geography , economics , political science , mathematics , ecology , statistics , macroeconomics , archaeology , law , biology
Philippines’ rice production consists of 20% of the gross value added of Philippine agriculture. The absence of the variable may bring drastic changes to the overall Philippine GDP; the research paper will determine whether climate change brings much harm to the Philippines’ rice production industry. Due to pollution and with more companies that seek natural resources, climate change has become more severe. The data collected ranges from 1988-to 2017, and all the data gathered came from credible sources. The data collected were regressed using the Eviews as the medium, and the results were interpreted by the researchers. The result of the research proves that carbon emissions and rice production have a significant relationship and that one affects the other greatly.