Research Article

The Impact of ICT on Service Sector’s Productivity and Employment in the Philippines

Authors

  • Pauline Alaiza Mercado Business Economics Department, University of Santo Tomas, Manila, Philippines
  • Gia Ann Granadino Business Economics Department, University of Santo Tomas, Manila, Philippines
  • Elisha Mariz Pasco Business Economics Department, University of Santo Tomas, Manila, Philippines
  • Marie Antoinette Rosete Business Economics Department, University of Santo Tomas, Manila, Philippines

Abstract

Various studies have been conducted among different countries to determine the relationship of ICT on productivity and employment, but the results vary among industries and firms. This research aims to examine the impact of ICT on the service sector productivity and employment in the Philippines through quantitative research methods. Findings on the relationship between ICT and Productivity show that all the independent variables have a linear relationship on the dependent variable while the findings on the relationship of ICT and Employment, only Labor Force Participation Rate shows a nonlinear relationship to the dependent variable. The researchers ought to impart knowledge about the opportunities and threats brought by ICT, which may guide the policymakers who formulate policies regarding the advancements brought by ICT.

Article information

Journal

Journal of Economics, Finance and Accounting Studies

Volume (Issue)

3 (2)

Pages

288-299

Published

2022-01-01

How to Cite

Mercado, P. A., Granadino, G. A., Pasco, E. M. ., & Rosete, M. A. . (2022). The Impact of ICT on Service Sector’s Productivity and Employment in the Philippines. Journal of Economics, Finance and Accounting Studies , 3(2), 288-299. https://doi.org/10.32996/jefas.2021.3.2.26

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Keywords:

ICT, Employment, Productivity, Philippines, Service Sector, Internet, Labor Force Participation Rate, Data Imputation