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Rayniel Ryan Garcia
University of Santo Tomas, Philippines
Computer Science & IT Control & Systems Engineering Decision Sciences, Operations Research & Management Electrical & Electronics Engineering Industrial & Manufacturing Engineering Materials Science & Nanotechnology Mechanical Engineering

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The Philippines' Service Industry The Three Major Influences on GDP. Erika Mae Engracia; Rayniel Ryan Garcia; Bianca Turla; Marie Antoinette Rosete
UJoST- Universal Journal of Science and Technology Vol. 1 No. 2 (2022): September 2022
Publisher : Faculty of Science and Technology University of Pramita Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.11111/ujost.v1i2.82

Abstract

The study aims to determine the relationship between the total growth rate of the service sector, gross value-added of the service sector, and total employment contribution in the service sector (independent variables) on the Philippines' GDP (dependent variable). Numerous studies show a relationship between the independent variable, Total Growth Rate, Employment Contribution and Gross Value Added of the Service Sector to the dependent variable, Gross Domestic Product of the Philippines. The researchers demonstrate the strong positive relationship between the total employment contribution and gross value added (GVA) of the service sector to the GDP of the Philippines as well as the weak positive relationship between the service sector economic growth rate using the Pearson Coefficient Correlation test. The group utilized available data from credible sources from the year 1990-2020.
Co-Authors Bianca Turla Erika Mae Engracia Marie Antoinette Rosete