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

Anna Floresca F. Abrina, Jose V. Camacho and U-Primo E. Rodriguez
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Anna Floresca F. Abrina: Department of Economics, University of the Philippines Los Ba–os
Jose V. Camacho: Department of Economics, University of the Philippines Los Ba–os
U-Primo E. Rodriguez: Department of Economics, University of the Philippines Los Ba–osAuthor-Name: Jaimie Kim E. Bayani-Arias

Philippine Review of Economics, 2010, vol. 47, issue 2, 71-82

Abstract: 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.

Keywords: Philippines,labor market,unemployment,supply-and-demand model; agriculture, fisheries, and natural resources graduates (search for similar items in EconPapers)
JEL-codes: C69 J21 J64 (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:phs:prejrn:v:47:y:2010:i:2:p:71-82

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