For a half-century the parity ratio has served as the most commonly used measure of the effects of relative price changes on the farm economy The authors present a consistent economic model which measures the price-related income effects of relative price changes in selected sectors of the U.S....

Will increasing the minimum wage increase food prices as well? This study shows that a simulated $0.50 increase in the minimum wage, if entirely passed on to consumers, would have increased food prices by less than 1 percent for most of the foods at foodstores and by 1 percent at eating and...

The impact of intermediate input price increases on food prices is analyzed assuming the producers can pass through increased production costs to final consumers. Five scenarios of input price increases are empirically examined. Findings indicate that the meat processing sector has a strong...

An Input-Output model is used to analyze price pass-through effects of a minimum wage increase on prices of the food and kindred product and food-service industry. Although these sectors employ a disproportionate share of minimum wage workers, our results suggest a $0.50 increase in the minimum...

An input-output model is used to analyze price pass-through effects of a minimum wage increase on prices of the food and kindred products and food-service industries. These sectors employ a disproportionate share of minimum wage workers, but results suggest a $0.50 increase in the present...