Browsing by Author "Romo, Vivien Mae M."

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    An analysis of push and pull factors affecting Philippine OFW deployment using the gravity model of international trade
    (2013-10) Reyes, Jessica Louise DJ.; Romo, Vivien Mae M.; Reside, Renato Jr. E.; Quimbo, Stella A.; Ducanes, Geoffrey M.
    This paper aims to determine whether country-specific macroeconomic factors have significant effects on the level of Overseas Filipino Worker deployment across time. Labor flight from the Philippines over the years has proved to have some considerable positive and negative effects on the domestic economy as well as on the society as a whole, making it a relevant topic to work on. The top twelve destination countries in the course of eight years from 2004 up to 2011 were considered for this study. Using the Gravity Model of International Trade, macroeconomic variables from both the home country and the destination countries such as unemployment, destination country's distance from the Philippines, exchange rates, GDP per capita differences, population age, visa caps as well as a proxy variable to account for the global financial crisis of 2008-2009 were taken into account through a log-linear regression analysis The regression results show that foreign unemployment rates, GDP per capita differences, distance, peso exchange rates, the foreign population age and the presence of visa caps were significant factors for the considerable volume of labor flight in the country per year. The results show that lower unemployment in the foreign countries and an older population would mean more available jobs. This makes them more attractive countries, thus pulling in more migrant workers. GDP differences also proved to be highly significant, with the results showing that the higher the GDP differences between the Philippines and a destination country, the higher the incidence of migration to that destination. It just shows that overseas workers are in search of better income schemes, The following are thus possible areas for policy makers to work on; to improve undesirable situations here in the Philippines to better take care of its labor force.