Transcription of Philippine Agriculture Through the Years
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Philippine Agriculture over the Years : Performance, Policies and Pitfalls 1. Cielito F. Habito and Roehlano M. Briones 2. Introduction Although many still think of the Philippines as an agricultural economy, strictly speaking, it is not. Agriculture , fishery and forestry directly account for just one-fifth (20. percent) of the economy's aggregate domestic output (GDP). Ever since the 1960s, the direct share of Agriculture in the GDP had fallen below one-third, and by 1981, the sector's share had decreased to only 23 percent.
Philippine Agriculture over the Years page 3 of 38 while agriculture employed 36.4 percent of the labor force in 2003, this is now much lower than the 44 percent employed a decade earlier.
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