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A cost function approach of induced innovation is used to measure the biases in U.S. agricultural technology between 1948-1994. The results show significant labor-saving, capital-using technical change. Focusing on the impact of migration policy on labor-saving technology, a simulaton of...
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The Morishima elasticity of substitution (MES) is estimated to address factor substitutability in Florida agriculture during 1960-1999. By adopting a profit maximization model of induced innovation theory, the MES's between hired and self-employed labor and the MES's between labor and capital...
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Immigration reform may significantly impact the specialty crops sector since more than half of the workforce is foreign-born and undocumented. Based on data from the National Agricultural Workers Survey, the trends pertaining to workers' legal status, employment and wage rates in the U.S. and...
Persistent link: https://www.econbiz.de/10005060897
Much has been written about the challenges facing CARICOM as a result of the liberalization, globalization and integration phenomena. This paper adds value to the conversation by addressing the nexus between and among economic asymmetries, trade liberalization and economic integration, as it...
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