000 02500nam a22002177a 4500
003 UPMIN
005 20250113163709.0
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040 _cUPMin
090 _aLG993.5 2024
_bA3 S25
100 _aSalazar, Maria Angela R.
_926749
245 _aThe effect of world fertilizer prices on Southeast Asian rice markets before and during the COVID-19 pandemic:
_ba cointegration analysis /
_cMaria Angela R. Salazar, Pedro A. Alviola IV, adviser
260 _c2024
300 _a131 leaves
502 _aThesis
_b(BS Agribusiness Economics)
_cUniversity of the Philippines Mindanao,
_d2024
520 3 _aGlobal crises are often linked with fluctuations in world commodity prices, exposing vulnerable sectors like the Philippine rice industry, which relies heavily on rice and urea imports. The COVID-19 pandemic prompted governments to implement movement restrictions to contain the spread of the virus, disrupting supply chains. Thus, this study investigates the effect of changes in world urea prices on rice prices before and during the COVID-19 pandemic in the Philippines, Thailand and Vietnam using cointegration approach. It also aimed to determine the rice market leadership of these three countries. Additionally, the Engle-Granger and auto aggressive distributed lag tests were conducted to establish cointegrating relationships between rice and urea prices, and the Granger causality test was conducted to determine rice market leadership. The results reveal that Philippine rice prices and world urea prices adjusted more rapidly during the COVID-19 pandemic, in which policies On ensuring the unhampered movement of rice and agricultural inputs were implemented. Meanwhile, Thailand’s public investment in research, technology, and infrastructures contributed to shorter adjustment periods before the quarantine. Additionally, Vietnam’s rice market showed resilience due to proactive government measures and self-sufficient rice and urea production, highlighting its leadership in influencing rice prices. As lessons from Thailand and Vietnam’s rice markets, the findings of the study emphasize the necessity of sustaining investments to increase the productivity of the Philippine rice sector in order to strengthen the industry from changes in world prices of crucial inputs such as fertilizer.
658 _aUndergraduate Thesis
_cABE200b
700 _aAlviola, Pedro A.
_eadviser
_93312
905 _aUP
_aFi
942 _2lcc
_cTHESIS
_n0
999 _c21035
_d21035