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An Assessment of the Productivity and Utilization of UPLB Forestry Graduates, 1931-1974: An Investment Approach.
Dissertation Abstract:
The study attempted to assess the economic productivity and utilization of BSF and Ranger Certificate graduates of UPLB-CF. Basic data used in the rate of return analysis were earnings of the graduates and the costs of their forestry schooling.
Data on earnings were gathered through a nationwide sample survey of 135 BSF and 42 ranger graduates, and cost estimates were based on an empirical study of the monthly expenditures of UPLB students, statements of expenditures and income of the UPLB-CF, and inventory of the College’s capital resources.
Findings showed that generally BSF graduates had higher average earnings and earning profiles than ranger graduates. However, the total schooling cost of the former was higher than that of the later, primarily because of the two additional years needed to complete the BSF course. Otherwise, the private and social costs were roughly the same.
The BSF graduates were found to have higher private and social productivity in spite of their higher total schooling costs. It was also apparent that the BSF graduates had generally higher productivity than graduates of other four-year courses or other type of professionals.
Based on the periodic social rates of return of BSF and ranger graduates, estimated in turn on the basis of their starting salaries, the degree of utilization of, or effective demand for, forestry graduates during the last 24 years (1951-55 to 1971-74) was generally high. However, during this period, the average utilization level of the ranger graduates was higher than that of the BSF graduates.
Individual periodic rates of return patterns of the graduates indicated a declining utilization trend for ranger graduates from 1951-55 to 1966-70, but a highly increasing one from 1966-70 to 1971-74 and this is expected to continue until the last decade. On the other hand, BSF graduates had a periodically fluctuating but generally declining utilization pattern during the same period. However, the trend is expected to be reversed and then continue to increase until 1985.