{"id":146086,"date":"2018-01-14T06:57:59","date_gmt":"2018-01-14T11:57:59","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=146086"},"modified":"2018-01-14T06:57:59","modified_gmt":"2018-01-14T11:57:59","slug":"govt-urged-to-boost-agricultural-productivity-growth","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2018\/01\/14\/govt-urged-to-boost-agricultural-productivity-growth\/","title":{"rendered":"Gov\u2019t urged to boost agricultural productivity growth"},"content":{"rendered":"
\"Rice<\/a>
Rice farmers in Batangas. Daniel Zuckerkandel \/ Shutterstock<\/figcaption><\/figure>\n

MANILA<\/strong> \u2014 The government needs to invest in productivity growth of the agriculture sector which plays an important role in reducing poverty, according to a study published by the Philippine Institute for Development Studies (PIDS).<\/p>\n

In a Policy Note, PIDS Senior Research Fellow Roehlano Briones said it was imperative to pour money into research and development, innovation, adoption of technology, improved practices and systems, and transport infrastructure.<\/p>\n

Briones said that boosting agricultural productivity growth was opposed to devoting resources toward artificially increasing returns to investments.<\/p>\n

He said the average growth in agriculture was at merely 2 percent in 2011 to 2016 alone, while industry and services sectors grew at an average of 7 percent.<\/p>\n

Briones thus underscored the role of productivity growth of agriculture sector given its key role in reducing poverty.<\/p>\n

The PIDS paper said the sector\u2019s share in the gross domestic product (GDP) plunged to 8.8 percent in 2016, although still employing as much as 29 percent of all workers.<\/p>\n

Its labor productivity was lower relative to that of the other basic sectors, Briones said.<\/p>\n

\u201cClearly, a more inclusive set of policies is needed to secure the participation of agriculture dependent households in the economy,\u201d he added.<\/p>\n

Briones further says the value chain strategy aims at remedying the sparsity of forward and backward linkages between agriculture and other basic sectors.<\/p>\n

\u201cFor as long as these subsidies for private goods are avoided, and more cost-effective mechanisms pursued, e.g., cluster-based approach, establishing agricultural value chains may yet be a viable strategy for inclusive growth,\u201d he said.<\/p>\n","protected":false},"excerpt":{"rendered":"

MANILA \u2014 The government needs to invest in productivity growth of the agriculture sector which plays an important role in …<\/p>\n","protected":false},"author":33,"featured_media":20842,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[43107,36792,43108],"class_list":["post-146086","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-govt-urged-to-boost-agricultural-productivity-growth","tag-philippine-institute-for-development-studies-pids","tag-productivity-growth-of-the-agriculture-sector","mauthors-leslie-gatpolintan","mauthors-philippine-news-agency"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/146086","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=146086"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/146086\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/20842"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=146086"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=146086"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=146086"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}