Provincial Product Accounts

The ________ is a mechanism to compile the Gross Domestic Product (GDP) using production approach and other economic accounts at the sub-regional level.

• Gross Domestic Product or GDP

• Provincial Product Accounts (PPA)

• Philippine Statistics Authority (PSA)

What are the different ways of estimating Gross Domestic Product (GDP)?

• Production Approach and Expenditures Approach

• Expenditure Approach and Income Approach

• Production Approach, Expenditure Approach, and Income Approach

• NONE OF THE ABOVE

WHAT CAN YOU DO WITH PPA RESULTS?

GDP at the provincial level answers:

• How fast is the province or region growing?

• How does my province compare with other provinces?

• Which industries are growing? Which are slowing?

• All of the above

A comprehensive measure of economic activity. It measures the value of all final goods and services produced within the economy in a given period of time.

• GDP

• PPA

• GRDE

• PSA

Why do we need economic accounts?

• Comparison with other economies.

• Monitor the behavior of the economy

• Economic analyses

• ALL OF THE ABOVE

What are the major industries of the Gross Domestic Product (GDP)?

• Agriculture, Forestry, and Fishing (AFF)

• Industry and Services

• Agriculture, Forestry, and Fishing (AFF), Industry, and Services

• none of the above

Includes the exploitation of vegetal and animal natural resources, comprising the activities of growing crops, raising and breeding of animals, harvesting of timber and other plants, animals or animal products from a farm or their natural habitats.

• Industry

• Services

• Agriculture, Forestry and Fishing (AFF)

• TRANSPORTATION AND STORAGE

Includes the provision of passenger or freight transport, whether scheduled or not, by rail, pipeline, road, water or air and associated activities such as terminal and parking facilities, cargo handling, storage etc.

• ACCOMMODATION AND FOOD SERVICE ACTIVITIES

• TRANSPORTATION AND STORAGE

• INFORMATION AND COMMUNICATION

• WHOLESALE AND RETAIL TRADE; REPAIR OF MOTORCYCLES AND MOTOR VEHICLES

Includes the provision of short-stay accommodation for visitors and other travelers. Also included is the provision of longer-term accommodation for students, workers and similar individuals and food and beverage serving activities providing complete meals or drinks fit for immediate consumption

• ACCOMMODATION AND FOOD SERVICE ACTIVITIES

• TRANSPORTATION AND STORAGE

• WHOLESALE AND RETAIL TRADE; REPAIR OF MOTORCYCLES AND MOTOR VEHICLES

• INFORMATION AND COMMUNICATION

What are the sub industries under the industry sector?

• Mining and Quarrying, Manufacturing, Electricity, steam, water, and waste management, and Construction

• Education, Real estate and ownership of dwellings, Transportation and storage

• WHOLESALE AND RETAIL TRADE; REPAIR OF MOTORCYCLES AND MOTOR VEHICLES

• INFORMATION AND COMMUNICATION, and Human health and social work activities