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India is experiencing high rate of economic growth in the last two decades but the growth has been coupled with high … rate of food price inflation. The growth has been very uneven across sectors with agriculture remaining very sluggish. The …
Persistent link: https://www.econbiz.de/10013021674
-error correction model (VECM) is used to determine the linkage between farm wage inflation and food inflation, and a pooled mean group … wages. In last 20 years (1998-99 to 2017-18), wages of India's farm labourers increased at an average annual rate of 9.3 per … inflation and wage growth, evidence was found of a food-wage spiral where changes in food prices and farm wages were estimated …
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This paper examines the dynamic effects of monsoon rainfall shocks on yield, wages, and prices in the Indian agricultural sector. We distinguish between positive and negative rainfall shocks and explicitly consider their spatial dimension (local/regional). We find that particularly negative...
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-error correction model (VECM) is used to determine the linkage between farm wage inflation and food inflation, and a pooled mean group … wages.In last 20 years (1998-99 to 2017-18), wages of India’s farm labourers increased at an average annual rate of 9.3 per … inflation and wage growth, evidence was found of a food-wage spiral where changes in food prices and farm wages were estimated …
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