World Education Connect Multidisciplinary e-Publication, Vol. VI, Issue X (October 2026), pp.299-303
Winnie Ann B. Agraan
Administrative Officer II/Paniki High School
Abstract
This quantitative descriptive-correlational study evaluated local business development strategies and their perceived impact on municipal economic growth in Bagabag, Nueva Vizcaya, Philippines. Utilizing an Input-Process-Output framework, data were gathered from a total enumeration of local government unit (LGU) personnel (N = 100) across administrative, technical, and revenue offices using a validated five-point Likert scale questionnaire. Descriptive statistics and Spearman rank-order correlation were employed to analyze implementation levels and economic growth perceptions. Findings revealed that local business development strategies were implemented to a great extent (overall composite mean = 3.74), with regulatory efficiency and digitalization achieving the highest rating (mean = 4.05), whereas access to finance and incentives received the lowest assessment (mean = 3.39, moderate extent). Perceived economic growth impact was rated high (overall mean = 3.79), led by local income and revenue generation (mean = 3.87) and livelihood opportunities (mean = 3.83), while business expansion and investment lagged (mean = 3.69). Spearman correlation demonstrated a strong, statistically significant positive relationship (r_s = 0.738, p < .001) between strategy implementation and perceived economic growth. The study underscores the imperative of integrating financial facilitation, digital market access, and structured post-training monitoring into municipal economic governance frameworks.
Keywords: Municipal governance, business development, economic growth.
The World Education Connect Multidisciplinary e-Publication is a reputable, refereed, and peer-reviewed international journal. It is dedicated to fostering academic excellence and promoting interdisciplinary research across diverse fields. The journal covers a wide range of topics, including education, psychology, science, technology, social sciences, humanities, and more, providing a platform for scholars and researchers to share their knowledge and insights.
In addition, the publication places a special emphasis on the promotion and development of the Filipino language, contributing to its growth and recognition in the global academic community.
PUBLICATION GUIDELINES
Publication Ethics and Publication Malpractice Statement
PROCESSING FEES AND INCLUSIONS
