Analysis of the impact of changes in the prices of rice and fuel on poverty in the Philippines

College

College of Science

Department/Unit

Biology

Document Type

Article

Source Title

DLSU Business and Economics Review

Volume

20

Issue

1

First Page

65

Last Page

98

Publication Date

1-1-2010

Abstract

This study aims to assess the impact of rising prices of rice and fuel on poverty in the Philippines. In particular, the variations in the potential effects among different group of households were analyzed using household level data. Results of the study confirm that the impact of increasing prices of rice and fuel vary across different groups of households depending on the sector of employment, level of urbanity, income group and geographical location. In fact, there are losers and gainers from the recent increases in the prices of rice and fuel. In response to higher prices, households adopted different coping mechanisms, some of which are damaging and counter-productive in the medium- and long-run. © 2010 De La Salle University, Manila, Philippines.

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Digitial Object Identifier (DOI)

10.3860/ber.v20i1.1669

Disciplines

Economic Policy | Economics

Keywords

Cost and standard of living--Philippines; Prices--Philippines; Rice—Prices--Philippines; Fuel—Prices--Philippines; Poverty--Philippines

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