{"id":135846,"date":"2017-12-03T21:21:29","date_gmt":"2017-12-04T02:21:29","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=135846"},"modified":"2017-12-03T21:21:29","modified_gmt":"2017-12-04T02:21:29","slug":"ph-urged-to-boost-agricultural-productivity-for-inclusive-growth","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2017\/12\/03\/ph-urged-to-boost-agricultural-productivity-for-inclusive-growth\/","title":{"rendered":"PH urged to boost agricultural productivity for inclusive growth"},"content":{"rendered":"
\"FILE:<\/a>
FILE: (PNA photo)<\/figcaption><\/figure>\n

MANILA<\/strong> \u2014 The country needs to undertake policies to accelerate productivity growth in the long run across all sectors especially in agriculture, which remains a key sector for inclusive growth and poverty alleviation, according to the Philippine Institute for Development Studies (PIDS).<\/p>\n

PIDS senior research fellow Roehlano Briones identified elements for boosting total factor productivity (TFP) growth, which are research and development (R&D), innovation, adoption of technology, improved practices and systems, and public goods such as transport infrastructure.<\/p>\n

\u201c\u2026It suffices to say that TFP is generally not increased by price support policies for agriculture, nor by subsidies on private goods, contrary to the current thrust of agricultural policy,\u201d he said in a discussion paper titled \u201cOutlook for the Philippine Economy and Agro-Industry to 2030: The Role of Productivity Growth\u201d.<\/p>\n

Briones also cited analysis emphasizing industry-service TFP over that of agriculture \u201cif the goal is sustaining rapid, economywide growth.\u201d<\/p>\n

\u201cMaintaining productivity growth for industry-services, trend rates suffices to reach PDP (Philippine Development Plan) growth targets, despite weak TFP growth for agriculture,\u201d he added.<\/p>\n

PDP aims to transform the Philippines into an upper middle income economy by 2022, with an income of USD5,000. This represents a 41 percent jump over its 2015 level of USD3,550.<\/p>\n

Overall poverty is seen to decline from 21.6 percent in 2015, to only 14 percent in 2022.<\/p>\n

Briones further noted that productivity growth of agriculture impacts strongly on agriculture itself, but not on the industry-services sectors.<\/p>\n

\u201cConversely, productivity growth in the latter strongly impacts on itself and GDP (gross domestic product), but not on agriculture,\u201d he said.\u00a0(PNA)<\/strong><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

MANILA \u2014 The country needs to undertake policies to accelerate productivity growth in the long run across all sectors especially …<\/p>\n","protected":false},"author":33,"featured_media":108768,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[3384,36663,36792,32655],"class_list":["post-135846","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-agriculture","tag-inclusive-growth","tag-philippine-institute-for-development-studies-pids","tag-poverty-alleviation","mauthors-leslie-gatpolintan","mauthors-philippine-news-agency"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/135846","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=135846"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/135846\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/108768"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=135846"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=135846"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=135846"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}