Abstract
Abstract Economic corridors are transport routes that form a strategic access network for economic hubs to reinforce regional growth. Transport corridors ensure the decisive movement of people and goods. The Philippines made its initial corridor development efforts aimed at prioritizing local industries and trade activity within its geographical confines. The W-Growth corridor (LWGC) on the island of Luzon passes through the provinces in Central Luzon and extends to the CALABARZON region. This research established the significance of the institutionalization of LWGC on agricultural agglomeration and labor productivity by applying particular measurements for corridor utilization and effects. Annual data on production sectors per region were utilized for corridor monitoring and agriculture productivity were utilized for corridor evaluation. The structural form of the proposed economic models apprised endogeneity bias, so the Two-Stage Least Square procedure was applied. This procedure revealed non-incidence of regional agriculture agglomeration, but that competition for agriculture labor is evident. Trade activity was also found to boost both output and labor productivity in agriculture. Keywords: transport corridor, institutionalization, agglomeration, labor productivity in agriculture
Published Version
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callMore From: Millennium Journal of Humanities and Social Sciences
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
