The study uses a Vector Error Correction model to show that a long run relationship/causality exists between NFA stocks and world price and domestic retail price of rice in the Philippines. No short run relationship was found for NFA stocks and retail price while a short run relationship exists for...
Determinants of Buying and Consumption Patterns for Rice in CALABARZON Region, Philippines
The demand for rice is related to consumers’ buying and consumption patterns which in turn are influenced by various factors. This paper identifies the determinants of buying and consumption patterns for rice in the CALABARZON region. The study utilized secondary data from a consumer survey among 496 rice consumers in...