Browsing by Author "Wee, Louie"
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Item Restricted An analysis on the impact of climate growth in the Philippines(2013-01) Sy, Ryan; Wee, Louie; Pernia, Ernesto M.Climate is a major factor in our daily lives. We aim to examine what effect climate has on the economy as indicated by the gross regional domestic product (GRDP). In this paper, we intend to analyze GRDP with respect to average temperature and rainfall in several Philippine regions, to test the hypothesis that weather affects GRDP in general, and agricultural productivity in particular. Results of our study reveal the phenomenon that as temperature increases, regional productivity falls significantly. For agricultural productivity, a rise in temperature results in an increase to agricultural productivity up to a point, declines and increases again, following the behavior of a cubic equation. Our study, though, falls short in achieving a significant causal relationship between rainfall and total regional productivity, but is successful in illustrating an inversely proportional relationship for rainfall and agricultural productivity.