Knowledge Center Catalog

Rice production and regional crop diversification in the Philippines: economic issues

By: Material type: ArticleArticleLanguage: En Publication details: 1987Subject(s): DDC classification:
  • 91-002012
In: Philippine Review of Economics and Business v. 24, no. 1-2, p. 125-148. Issued Sep 198891-002012Summary: The paper discusses Philippine rice production on the basis of some economic issues. Its main points are that: (1) the current low world market price of rice adversely affects the economic viability of Philippine rice production; (2) economic efficiDEy should be the overriding norm in attempt to alleviate the plight of the poor and disadvantaged groups; (3) agricultural diversification can be tapped to help improve the economic well-being of poor rice farmers, and (4) given natural resource endowments, technology and trade, the determinant of agricultural diversification should be comparative advantage or economic efficiDEy
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1 graph; 12 tables; 9 ref. Summary (En)

The paper discusses Philippine rice production on the basis of some economic issues. Its main points are that: (1) the current low world market price of rice adversely affects the economic viability of Philippine rice production; (2) economic efficiDEy should be the overriding norm in attempt to alleviate the plight of the poor and disadvantaged groups; (3) agricultural diversification can be tapped to help improve the economic well-being of poor rice farmers, and (4) given natural resource endowments, technology and trade, the determinant of agricultural diversification should be comparative advantage or economic efficiDEy

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