期刊名称:International Journal of Management and Business Studies
印刷版ISSN:2231-2463
电子版ISSN:2230-9519
出版年度:2012
卷号:2
期号:3
出版社:Cosmic Journals
摘要:One of the major contributory factors to the economic expansion of the Philippines can be attributed to the increase in the multiplier effect of the industrial sector, one of which is the "sin" industries, which comprise of the alcohol, liquors, wine, cigarette, tobacco, and other related industries. The increase in growth of these industries in the Philippines can be attributed to the continuous patronage of Filipinos towards these products indicating a persistent demand for vices that provides incentives for producers to increase their production. As a consequence, the industry expands, its growth diffuses to its backward linkages as well as the aggregate economy. However, with the recent economic deceleration, there is a high likelih ood of lo wer consumption of alco hol and cigarettes as the income of consumers are expected to contract. On the other han d, an other possibility may occur wherein consumers may indulge on vices during an economic downturn as an outlet for the difficulties encountered during this period. As such, the behavior of the sin industries is subject to the abovementioned scenarios. Given this backdrop, this study exposited the behavior of the sin industries in the Philippines, its contribution to the macroeconomy, and the beh avior of Filipinos towards the consumption of sin products namely cigarettes, tobacco, and alcoholic beverages. Moreover, using an Input-Output (I-O) analysis, the economic contribution and magnitude of implication of the sin industries to its linkages, other related industries, and the aggregate economy can be determined and assessed. As a result, the pros and cons of developing or regulating these sin industries will be emphasized and its conseq uences on the consu mp tio n pattern of Filipinos can be assessed. The positive contribution of the sin industries to other industries and the macroeconomy imposes certain dilemmas whether to enhance or regulate the industries due to the harms that it entails on its end-users