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Is it worth investing further in AFNR programs?: simulations from a supply-and-demand model

Philippine Review of Economics

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Field Value
 
Title Is it worth investing further in AFNR programs?: simulations from a supply-and-demand model
 
Creator Abrina, Anna Floresca F.; Department of Economics, University of the Philippines Los Baños
Camacho, Jose V.; Department of Economics, University of the Philippines Los Baños
Rodriguez, U-Primo E.; Department of Economics, University of the Philippines Los Baños
 
Subject Philippines; labor market; unemployment; supply-and-demand model; agriculture, fisheries, and natural resources graduates
 
Description The recent proliferation of state and local universities and colleges compounded with the high unemployment rate among graduates of fields related to agriculture, fisheries, and natural resources (AFNR) questions the validity of government making it a standing policy to make AFNR tertiary education more attractive.This paper attempts to address this issue by way of a supply-and-demand model of AFNR services. Results of the simulations indicate that there are bleak prospects for AFNR graduates in paid employment.The source of the problem appears to be weak demand such that further expansion in AFNR programs and enrolment as well as proposals to further subsidize these programs should be reconsidered.Classification-JEL: C69, J21, J64
 
Publisher Philippine Review of Economics
 
Contributor —
 
Date 2012-08-13
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://www.econ.upd.edu.ph/pre/index.php/pre/article/view/654
 
Source Philippine Review of Economics; Vol 47, No 2 (2010); 71-82
1655-1516
 
Language eng
 
Relation http://www.econ.upd.edu.ph/pre/index.php/pre/article/view/654/756
 
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