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All Journal International Journal of Social and Management Studies (IJOSMAS)
Thea Elaine Mercado
University of Santo Tomas
Religion Humanities Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Industrial & Manufacturing Engineering Languange, Linguistic, Communication & Media Law, Crime, Criminology & Criminal Justice

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Analyzing the Efficiency of Dairy Production in the Philippines Hannah Ericka Hernandez; Thea Elaine Mercado; Emee Marie Sobremonte; Marie Antoinette Rosete
International Journal of Social and Management Studies Vol. 3 No. 1 (2022): February 2022
Publisher : IJOSMAS

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (601.256 KB) | DOI: 10.5555/ijosmas.v3i1.91

Abstract

The efficiency of the dairy industry in the Philippines is determined by the sector’s productivity in relation to investments, imports, and exports that it is making. The use of Total Factor Productivity (TFP) in this paper is to examine the connection between the dependent variable and independent variables. More so, this research aims to evaluate the efficiency of the dairy industry along with the objective of assessing the impact that investments, imports, and exports have. Quarterly data from 2006 to 2017 helps to obtain results and use for further interpretation using regression analysis. The study shows that investments, imports, and exports do affect the productivity of the dairy industry in the Philippines. It leads to rejecting the null hypothesis in this paper. The research findings may address these issues by giving attention to exports and investments mainly to machineries and other technologies that contribute to dairy operations. The researchers also recommend that to be able to improve productivity, investments, imports, and exports of the dairy industry, the government should provide more funding and assistance to dairy farmers. Keywords: Investments, Imports, Exports, Productivity, Efficiency, Dairy
Co-Authors Emee Marie Sobremonte Hannah Ericka Hernandez Marie Antoinette Rosete