The total value of damage to rice farming in the country from 2007 to 2010 reached P46.09 billion or an average of P11.523 billion a year, data from the Philippine Institute for Development Studies (PIDS) showed.
In a policy note titled `Typhoons, floods, and droughts: Regional occurrence and value of damages to rice farming in the Philippines,` Danilo Israel, PIDS senior research fellow, looked into the regional occurrence of typhoons, floods, and droughts in the country and the value of the damage they cause on rice farming in terms of production losses.
