Year Philippines Annual GDP Growth (%) Broad Money Annual Growth (%)

YEAR GDP MS
1990 3.037 22.398
1991 -0.578 17.716
1992 0.338 13.109
1993 2.116 28.146
1994 4.388 26.735
1995 4.679 23.874
1996 5.846 23.732
1997 5.185 23.108
1998 -0.577 8.566
1999 3.082 16.822
2000 4.411 8.921
2001 2.894 3.576
2002 3.646 10.403
2003 4.97 3.604
2004 6.698 9.918
2005 4.778 6.427
2006 5.243 32.918
2007 6.617 9.606
2008 4.153 10.041
2009 1.148 8.638
2010 7.632 10.897
2011 3.66 5.307
2012 6.684 6.978
2013 7.064 29.33
2014 6.145 12.438
2015 6.067 9.916
2016 6.924 13.326

Theory
The fluctuations in the supply of money and the bank credit are the main casual factor of a cyclical process. With

Objective
To measure the impact of Money Supply on Economic Growth.
of a cyclical process. With an increased supply of money, the prices rise, profit increases, total output increases and thus o
tal output increases and thus overall growth takes place. In contrast, if the supply of money falls, then the price falls, profits
alls, then the price falls, profits decline, total output falls, as production activities become sluggish, and the economy enters
ggish, and the economy enters into the depression phase.
YEAR SUICIDE UR
1995 11.06 5.6
1996 10.77 5.4
1997 10.52 4.9
1998 10.38 4.5
1999 9.82 4.2
2000 9.53 4
2001 9.81 4.7
2002 9.96 5.8
2003 9.82 6
2004 10.03 5.5
2005 9.93 5.1

Theory
Theory of Anomie. It is based upon the idea that the lack of rules and clarity resulted in psychological status of worthlessness,

Objective
To measure the impact of Unemployment Rate on Suicide Rate.
al status of worthlessness, frustration, lack of purpose, and despair. In addition, since there is no idea of what is considered desirable, to str
considered desirable, to strive for anything would be futile. Anomie was a state where the expectations of behaviour are unclear, and the s
iour are unclear, and the system has broken down. This is known as normlessness. It caused deviant behaviours, and later depression and e
and later depression and even suicide.
YEAR CO2 GDP
1984 0.586 31.408
1985 0.516 30.734
1986 0.523 29.868
1987 0.57 33.196
1988 0.641 37.885
1989 0.648 42.575
1990 0.674 44.312
1991 0.692 45.418
1992 0.749 52.976
1993 0.742 54.368
1994 0.803 64.084
1995 0.869 74.12
1996 0.87 82.848
1997 0.974 82.344
1998 0.927 72.207
1999 0.906 82.995
2000 0.94 81.026
2001 0.892 76.262
2002 0.871 81.358
2003 0.86 83.908
2004 0.875 91.371
2005 0.867 103.072
2006 0.771 122.211
2007 0.808 149.36
2008 0.869 174.195
2009 0.841 168.335
2010 0.905 199.591
2011 0.897 224.143
2012 0.942 250.092
2013 0.996 271.836
2014 1.055 284.585

Theory
Environmental Kuznet's Curve

Objective
To measure the impact of GDP on Carbon Dioxide Emission.
The EKC follows an inverted U-shape where the environmental damage initially increases with a growing economy to later dec
wing economy to later decrease after a certain point of wealth. The shape of the EKC indicates the existence of other mechanisms offsettin
ther mechanisms offsetting the scale effect. These mechanisms added together acts as the decreasing effect of environmental degradation
environmental degradation as economies grow.
 YEAR CORN TYPH
1991 14,783 13
1992 2,845 9
1993 12,308 10
1994 223,781 14
1995 118,497 6
1996 96,206 9
1997 7,879 8
1998 697,979 6
1999 157,026 4
2000 285,454 8
2001 1,172,181 6
2002 53,549 6
2003 2,244,711 9
2004 2,629,555 14
2005 507,288 10
2006 3,181,017 11
2007 738,767 9
2008 969,548 10
2009 705,194 8
2010 2,917 5
2011 1,192,431 6
2012 216,518 9

Theory

According to the classical concept in Macroeconomics book fifth edition by N. Gregory Mankiw, Supply sho

Objective
To measure the impact of number of Typhoons on Economic Growth.
ory Mankiw, Supply shock changes the supply then changes cost of production as well as the market price of the com
market price of the commodity affected. Supply shock is unexpected event that alters the number of output of a comm
er of output of a commodity that soon results to the changes of price. This supply shock can have positive and negat
ave positive and negative effects. Positive when supply shock results a sudden increase in supply that will lessen the
pply that will lessen the price and this is consider to have a negative effect when supply shock lessen the number of o
lessen the number of output available in the market that will cause an upward spike of the price. Supply shocks often
e. Supply shocks often lead to dramatic changes in the future output.
 YEAR XR TOURIST
1995 25.7144 1760000
1996 26.2157 2049000
1997 29.4707 2223000
1998 40.8931 2149000
1999 39.089 2171000
2000 44.1938 1992000
2001 50.9927 1797000
2002 51.6036 1933000
2003 54.2033 1907000
2004 56.0399 2291000
2005 55.0855 2623000
2006 51.3143 2843000
2007 46.1484 3092000
2008 44.4746 3139000
2009 47.6372 3017000
2010 45.1097 3520000
2011 43.3131 3917000
2012 42.2288 4273000
2013 42.4462 4681000
2014 44.3952 4833000
2015 45.5028 5361000
2016 47.4925 5967000

Theory
Purchasing Power Parity (PPP) is one of the popular metrics to compare economic productivity and standard of living between

Objective
To measure the impact of Exchange Rate on the Number of Tourist Arrivals.
standard of living between countries and across time. It is an economic theory that compares different countries’ currencies through a mar
’ currencies through a market “basket of goods” approach.
Dependent Variable: TOURIST
Method: Least Squares
Date: 12/10/19 Time: 05:15
Sample: 1 22
Included observations: 22

Variable Coefficient Std. Error t-Statistic Prob.

C
XR

R-squared Mean dependent va 3069909

Adjusted R -0.035941 S.D. dependent var 1256194
S.E. of regr 1278569 Akaike info criterion 31.04689
Sum square 3.27E+13 Schwarz criterion 31.14607
Log likelih -339.5158 F-statistic 0.271422
Durbin-Wat 0.068051 Prob(F-statistic) 0.6081

Dependent Variable: XR
Method: Least Squares
Date: 12/10/19 Time: 05:15
Sample: 1 22
Included observations: 22

Variable Coefficient Std. Error t-Statistic Prob.

C 41.89004000 4.884479 8.576153 0

TOURIST 0.00000077 1.48E-06 0.520982 0.6081

R-squared 0.013389 Mean dependent va 44.25293

Adjusted R -0.035941 S.D. dependent var 8.35592
S.E. of regr 8.504755 Akaike info criterion 7.205636
Sum square 1446.617 Schwarz criterion 7.304822
Log likelih -77.26199 F-statistic 0.271422
Durbin-Wat 0.214527 Prob(F-statistic) 0.6081