The Domestic Resource Cost of Prawn Production in Negros Occidental: A Case of Comparative Advantage
Abstract
Presently, Negros Occidental is experiencing economic recovery which can be attributed to an improvement in the world price of sugar, and her income from the rapidgrowing prawn industry. Since there has been no empirical study conducted whether it has comparative advantage in prawn production or not, the authors want to confirm its (comparative advantage) existence. Apparently, the Philippines has a comparative advantage since prawn growers are reaping big profits. But the authors still doubt this because the industry is reputed to be capital intensive, especially with the technology that is being utilized in Negros Occidental (Esleyer, 1988). The status of the prawn industry is important for Philippine policy makers so that they can rightfully direct the optimal use of the 10 country's economic resources towards economic prosperity.
Recommended Citation
Sy, Shennan and Gomez, Franklin
(1989)
"The Domestic Resource Cost of Prawn Production in Negros Occidental: A Case of Comparative Advantage,"
DLSU Business & Economics Review: Vol. 2:
No.
2, Article 4.
DOI: https://doi.org/10.59588/2243-786X.1478
Available at:
https://animorepository.dlsu.edu.ph/ber/vol2/iss2/4
