Assessing the Impact of GDP, Agriculture, Forestry, and Fishing Value Added, and Livestock Production Index on CO2 Emissions in the Philippines

Abstract

This study explored the impact of Agriculture, forestry, and fishing, value added (current US$), Livestock production index (2004-2006 = 100), and GDP (current US$) on CO2 emissions. Motivated by loads of recent literature conveying how the Philippines as one of the top contributors to CO2 emissions, this quantitative study worked to determine whether the independent variables have a significant relationship with the dependent variable. They collected secondary data from the World Bank to conduct the study in the Philippines. Specifically, they employed the following variables: (1) Agriculture, forestry, and fishing, value added (current US$) , (2) Livestock production index (2004-2006 = 100), (3) GDP (current US$), and (4) CO2 emissions. The researchers administered the study using the Multiple Regression Analysis method. The study found that GDP and Livestock Production Index are significant and positively related to CO2 emissions in the Philippines.