Philippine food price inflation and its primary determinants: An econometric approach
Date of Publication
2010
Document Type
Bachelor's Thesis
Degree Name
Bachelor of Science in Applied Economics
College
Ramon V. Del Rosario College of Business
Department/Unit
Economics
Defense Panel Chair
Cesar C. Rufino
Defense Panel Member
Gerardo L. Largoza
Arlene B. Inocencio
Krista Danielle S. Yu
Abstract/Summary
Recent studies suggest that the 21st century global crisis is caused by three major factors: oil prices, exchange rates, and prices of agricultural commodities. In the Philippine setting, we believe that the same variables are the primary contributors to Philippine food price inflation. In addition, we further suggest that the harsh weather conditions in the country also do have a significant impact on its food prices. This study uses a monthly time series data from 2000-2010 for prices of energy and agricultural commodities, exchange rates, and weather to identify the causal relationship between each factor and food inflation using the Johansen co integration test, a vector error-correction model, and impulse response functions.
Abstract Format
html
Language
English
Format
Accession Number
TU14799
Shelf Location
Archives, The Learning Commons, 12F, Henry Sy Sr. Hall
Physical Description
72 leaves 28 cm.
Recommended Citation
Calayan, M. A., Farol, K. M., Jung, H., & Ocana, R. B. (2010). Philippine food price inflation and its primary determinants: An econometric approach. Retrieved from https://animorepository.dlsu.edu.ph/etd_bachelors/14449
