Applied Economics
Applied Economics
Applied Economics
ECONOMICS
• DUKHA
• Ako ay isang anak mahirap
• Lagi na lang akong nagsusumikap
• Ang buhay ko’y walang sigla
• Puro na lang dusa
• Paano na ngayon ang buhay ko.
•
• KORO:
• Isang kahig, isang tuka
• Ganyan kaming mga dukha
• Isang kahig, isang tuka
• Ganyan kaming mga dukha.
What do you think are the problems
being stated in the song? Identify and
write it down in the space provided
below.
Food and Poverty Thresholds
Food threshold is the minimum income required to meet the basic food needs,
satisfying the nutritional requirements set by the Food and Nutrition Research
Income gap - measures the average income required by the poor in order to get
out of poverty, expressed relative to the poverty threshold.
Poverty gap refers to the income shortfall (expressed in proportion to the poverty
threshold) of families with income below the poverty threshold, divided by the
total number of families.
Severity of poverty is the total of the squared income shortfall (expressed in
proportion to the poverty threshold) of families with income below the poverty
threshold, divided by the total number of families.
Farmers, Fishermen and Children consistently posted the highest poverty
incidence among basic sectors - PSA
5 of the 9 basic sectors have higher poverty incidence than the general
population
Among the nine basic sectors, farmers, fishermen and children belonging to families
with income below the official poverty threshold or poor families posted the highest
poverty incidences in 2015 at 34.3%, 34.0% and 31.4%, respectively. These sectors
consistently registered as the three sectors with the highest poverty incidence in
2006, 2009 and 2012. Also, 5 of the 9 basic sectors consisting of farmers, fishermen,
children, self-employed and unpaid family workers, and women, belonging to poor
families, had higher poverty incidence than the general population estimated at
21.6% in 2015.
Filipino Families Are Most Deprived in Education
index (MPI) and serves to complement the income-based measure of poverty. The
MPI is a measure that intends to capture deprivations on various dimensions.
Thus, the MPI provides information on which dimension the Filipinos are most
deprived in.
In the initial methodology, there are 13 indicators identified across the following
four
dimensions:
13 INDICATORS IDENTIFIED ACROSS THE FOLLWING FOUR
DIMENSIONS
I. EDUCATION DIMENSION
Indicator Dimension
Health insurance at 32.1 percent Health and
nutrition
Housing,
water and
Ownership of assets at 34.3 percent sanitation
It must be noted, though, that there was an increase in incidence of deprivation from
2016 to 2017 in the following indicators and dimensions:
Indicator Dimension
Housing,
water and
Tenure status of dwelling sanitation