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PHILIPPINE MSMES AFTER THE COVID-19 PANDEMIC: A SYSTEMATIC REVIEW OF PANDEMIC IMPACTS AND COPING STRATEGIES Labiaga, Jeorgie Francine; Karl P. Campos
Ekonomi dan Bisnis: Berkala Publikasi Gagasan Konseptual, Hasil Penelitian, Kajian, dan Terapan Teori Vol. 28 No. 1 (2024): Ekonomi dan Bisnis: Berkala Publikasi Gagasan Konseptual, Hasil Penelitian, Ka
Publisher : Jurusan Ilmu Ekonomi Prodi Ekonomi Pembangunan Fakultas Bisnis dan Ekonomika Universitas Surabaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24123/jeb.v28i1.6357

Abstract

The COVID-19 pandemic negatively impacted the economy's flow in the majority of areas across the world. Reduced economic activity due to travel restrictions and lockdowns imposed to stop the virus's spread caused economic recessions in the pandemic-affected areas. MSMEs are the backbone of the Philippines, providing 99.5% of the nation’s business population and 65.10% of the nation's workforce. In addition to dealing with extraordinary economic and social challenges over the past two years, SME preparation for transitioning to a digital and sustainable economy has been necessary. The researcher will use a Systematic Literature Review to assess the transparency and consistency of the screening procedure and the approaches to coping applied by Philippine MSMEs in the context of the COVID-19 pandemic. The study will make use of three research guide questions. 1) What are the pandemic risks and their impact on Philippine MSMEs? 2) What coping strategies do Philippine MSMEs use to deal with risks and pandemic risk impacts? According to the review, human movement restrictions (Lockdowns), financial constraints/ revenue losses, operating difficulties, economic crisis and recession, and job losses are impacts of the pandemic on MSMEs. Furthermore, the study listed four essential coping strategies: digital and technological adoption/adaptation, government financial support/packages, modification of business models, and implications for financial stability (loans). This study will contribute to ideas in innovation and technological advancement, business improvement, and wise cost distribution.
Investor Attention from Google Trends and CPI Inflation Rate in the Philippines Janna Paro Janna Paro; Alyssa Ashley G. Odchigue; Karl P. Campos
Journal of Economics and Business Aseanomics Vol. 10 No. 2 (2025): JULI-DESEMBER 2025
Publisher : Universitas YARSI

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33476/jeba.v10i2.5717

Abstract

This quantitative research study examined whether investor attention can empirically explain and forecast Consumer Price Index (CPI) inflation in the Philippines. Thus, it addresses gaps in previous research by examining whether investor attention, as measured by Google Trends, influences and potentially forecasts inflation in the Philippines' Consumer Price Index (CPI) inflation rate. Using Granger causality tests and the Vector Autoregression (VAR) model on monthly data from 2004 to 2025, the study reveals that inflation persistence is the leading cause of current inflation rates. The results show that fluctuations in the oil price have a significant but temporary effect on inflation in the Philippines, which is primarily caused by its persistence. In comparison, investor attention shows only delayed and inconsistent effects on inflation, lacking robust predictive capability.   This shows how investor attention affects inflation by influencing inflation expectations. However, the empirical results rejected every hypothesis in this study: investor attention neither significantly explains nor reliably forecasts inflation, nor does it systematically influence inflation via expectations.
Exploring the Relationship Between Unemployment Rate and Economic Growth in the Philippines Arangel Dua; Karen Mae R Tabigue; Karl P. Campos
Journal of Economics and Business Aseanomics Vol. 10 No. 2 (2025): JULI-DESEMBER 2025
Publisher : Universitas YARSI

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

This study examines the relationship between unemployment and economic growth, controlling for government expenditure, inflation, population growth, and investment. Using time series techniques such as the Augmented Dickey-Fuller test, Johansen cointegration, Vector Error Correction Models (VECM), and Granger causality tests, the analysis reveals that unemployment does not have a significant short-term effect on GDP growth. However, a significant long-term relationship exists, consistent with Okun’s Law, which describes an inverse connection between unemployment and economic growth. The findings suggest that while short-term fluctuations in unemployment may not immediately impact economic performance, sustained changes in unemployment influence long-term growth patterns. Additionally, government expenditure and investment play important roles in shaping economic outcomes, while inflation appears less influential in this context. The study highlights the importance of focusing on long-term labor market improvements as a key driver of economic growth and provides valuable insights for policymakers seeking to foster stable growth and employment.
Food Prices Volatility and Farmer’s Terms of Trades: Basis of Policy and Program Formulation for Farmers Jun Rex Perez; Liana Louise F. Moreno; Karl P. Campos
International Journal of Multidisciplinary: Applied Business and Education Research Vol. 6 No. 12 (2025): International Journal of Multidisciplinary: Applied Business and Education Res
Publisher : Future Science / FSH-PH Publications

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.11594/ijmaber.06.12.31

Abstract

The economic support of many farmers in the Philippines is shaky, mainly due to the unstable prices of the agricultural products and livestock they deal in, along with the constant increase in the prices of basic necessities. The research investigated the link between food price volatility and Farmer’s Terms of Trade (FTT), which is a metric for measuring farmers’ purchasing power, for the period from 2018 to 2024. Six leading commodities, namely rice, copra, lakatan banana, pork, broiler chicken, and cattle, were studied. The volatility of food prices was assessed using Coefficient of Variation (CV), while FTT was computed through the use of Producer and Consumer Price Index data. The analysis unveiled that rice was the least fluctuating item and thus, it provided farmers with a more stable income source. Bananas came next with less variability. On the other hand, copra prices were the least stable, as reflected by the extremely high CV, indicating a very risky market. Among the animals, pork, being the most volatile, faced high prices and disease outbreaks. The FTT numbers showed severe poverty issues from 2018-2020, meaning farmers’ incomes had fallen behind their needs, hence they could not afford to live. The situation slightly improved from 2021 when a partial recovery was seen, but the values remained close enough to indicate a very weak improvement in buying power. The results imply that the combination of high price volatility and weak FTT means farmers ascend through the low-income tunnel, and their welfare gets worse.