This paper scrutinizes and evaluates the value chain of taro in Partido district, Camarines Sur, the Philippines. Taro (Colocasia Esculenta) is rich in carbohydrates and also a good replacement for wheat flour. However, it is well-known to farmers for its ability to produce a reasonable yield in poor soil conditions with less or no farm inputs. It is this reason why Taro is often grown by resource-limited farmers and regarded as a good source of food security. To tap its full potential, this study was conducted to understand and analyze the flow of Taro. This study employed participatory techniques, crop accounting, and financial analysis. The Taro value chain has varied gender roles, according to this study. It also highlighted why, despite having a choice, farmers frequently chose the less profitable transaction path. It also solved the mystery of low productivity in this locale as compared with the national production. The results also showed the cost build-up of Taro and the profitability of each player in the chain. Farmers usually end up at a 22% profit-to-cost ratio by selling the harvest to the middleman, while sellers usually end up at a 47% profit-to-cost ratio. The existing entry barriers in each chain were also identified with the researchers’ recommendations on how to possibly eliminate or mitigate them. This extensive analysis can be valuable to stakeholders in the Taro value chain in the area, as well as government entity and non-governmental organizations in developing initiatives or projects on behalf of the players.

The study reveals the economic behavior of fisherfolks that governs their decisions to practice accounting in Partido district, Camarines Sur, Philippines. Economic behavior was modeled and measured through the following parameters: the socioeconomic characteristics of the fisherfolks and their economic transactions; the economic perceptions on socioeconomic contribution, market sustainability, and financial viability of fishing activity; the recordkeeping practices they adopt and constraints they encounter; and the Willingness to participate in accounting enhancement programs. Nonlinear models were utilized, and a causal-explanatory design was applied. The survey was conducted throughout the four sectors of the district. Most fisherfolks are married men with an average age of 45. Most are elementary graduates, have 7-8 children, and are impoverished. They have been observing 6 recordkeeping practices and have asserted 14 types of constraints. They have identified 10 economic transactions that need a formal bookkeeping system and expressed 21 economic perceptions about the fishing industry. Based on probit models, 11 variables govern their decisions to practice accounting: 2 socioeconomic characteristics; 3 composite economic perceptions; 3 composite economic transactions; and 3 fishing activities as control variables. Finally, the study proposes policy interventions to improve the livelihood and uplift the accounting practices of fisherfolks.