Agriculture remains a primary source of income for our ruralfolks, and farming remains to be a major means of livelihood. In this issue of the DRN, PIDS senior research fellow Dr. Roehlano Briones explains the reason for pushing for productivity growth in agriculture. Using a supply-demand model, Dr. Briones presents a ten-year projection based on patterns and trends rather than on numbers.
Results of Dr. Briones’ projection emphasize that input subsidy is not essential; in fact, it is an expensive instrument for promoting agricultural growth. He thus recommends going back to basics: developing and disseminating new technologies, varieties, and planting materials; promoting research and development in agriculture; expanding education and extension programs; among others. He points to the “slow magic” of productivity growth that has helped farmers in developing economies which can also help enrich our own farmers and emancipate them from poverty.
