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This paper estimates long-run price (wage) elasticities of demand for regular farm labour in South Africa using both Ordinary Least Squares (OLS) regression and a Two-stage Least Squares (2SLS) simultaneous-equation model for the period 1960-2002. Both models include a piecewise interactive...
Persistent link: https://www.econbiz.de/10009443198
A survey was conducted in 1995 among 135 commercial farmers in KwaZulu-Natal to analyse labour remuneration and farmers' perceptions about the impact of labour legislation recently extended to agriculture. Farm labour remuneration normally includes cash wages and payments in kind (such as...
Persistent link: https://www.econbiz.de/10008491812
This paper estimates long-run price (wage) elasticities of demand for regular farm labour in South Africa using both Ordinary Least Squares (OLS) regression and a Two-stage Least Squares (2SLS) simultaneous-equation model for the period 1960-2002. Both models include a piecewise interactive...
Persistent link: https://www.econbiz.de/10005064566