| Variable | Mean | SD | Min | Max |
|---|---|---|---|---|
| Foreign | 13794.8258 | 31503.08846 | 0 | 195674.8 |
| Domestic | 37435.5502 | 73858.80109 | 0 | 601016.0 |
| Total | 51230.3760 | 94673.17100 | 0 | 731800.8 |
| Wage | 319.2143 | 73.01772 | 204 | 608.0 |
CHAPTER V: RESULTS AND DISCUSSIONS
Statement of the Problem
This study aims to examine the dynamics of investment inflows in the Philippines, with a focus on the regional minimum wage rates and their impact on investment attractiveness. The research will explore the role of labor costs and other economic variables in shaping the investment landscape across different regions of the country. Specifically, the study seeks to:
1. Describe the trends in investment inflows and regional minimum wage rates across the Philippine regions
Descriptive Statistics
This data provides a snapshot of investment activities and minimum wage levels between 2011 and 2024. Overall, total investment was significantly higher than either foreign or domestic investment on their own, which is expected as it’s the sum of the two. Interestingly, domestic investment consistently outweighed foreign investment, meaning local sources contributed more to the economy than international ones during this period.
A key takeaway is the extreme variability in all investment types. The large standard deviations indicate that investment levels weren’t stable; they saw massive swings from periods of no investment (minimum value of 0) to exceptionally high levels (e.g., maximum total investment over 730,000). This suggests an unpredictable investment climate, possibly influenced by specific economic events or policy changes over the years.
In contrast to the volatile investment figures, the minimum wage was much more stable. While it increased from a minimum of 204 to a maximum of 608, its standard deviation was relatively small compared to its mean. This suggests that minimum wage adjustments were more gradual and predictable, unlike the dramatic fluctuations observed in investment. This stability in wages, alongside the high volatility in investment, hints that other factors were likely driving the big shifts in investment, not just changes in the minimum wage.
Data Visualizations
2. Analyze the relationship between investment inflows and regional minimum wage rates
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3. Explore the influence of other macroeconomic variables
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