Article Details : |
| | Article Name : | | Analysis on the Variation of Retail Price of
Commercial Rice in the Philippines | Author Name : | | JENNY G. AMORA, CARMELITA T. COS, JOAN A. BANAL | Publisher : | | Bridge Center | Article URL : | | | Abstract : | | This purpose of this study is to identify the factors that affect
the variation of retail price of commercial rice in the Philippines using
multiple linear regression analysis. The data collected is from July
2010 to December 2016 on a monthly basis, with a total of 78
observations. The independent variables used in this paper are the
farmgate prices of palay, wholesale prices of commercial rice, price of
dealers’ fertilizer, commercial rice stock inventory, rice imports,
exchange rate and purchasing power of peso (PPP) in rice. Of these,
only the variables farmgate prices of palay and PPP are found
significant at 0.01 level of significance after executing Prais-Winsten
Transformation. | Keywords : | | retail price, rice, commercial rice, multiple linear
regression, economics |
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