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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...
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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...
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The labor, land, and capital intensities of US agricultural trade during 1982 are examined through an input-output model. The empirical findings indicate that factor endowments are important determinants of US agriculture's comparative advantage in international trade. In contrast to the...
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An input-output model is used to analyze the effects of dollar depreciation on US agricultural prices and income. Findings indicate that, in general, US agricultural producers do not depend heavily upon imported intermediate inputs, and thus cost-push price increase effects should be small. The...
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In the spirit of the classic Davis-Goldberg study of agribusiness, a procedure is presented for estimating and estimates of employment and income originating in the US Food and Fiber System. The Food and Fiber System is on net a nearly wholly domestic based subsystem of the economy accounting...
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