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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 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...
Persistent link: https://www.econbiz.de/10005803450
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...
Persistent link: https://www.econbiz.de/10005806527
The labor and capital intensities of U.S. agricultural trade during 1973, 1974, and 1976 are examined through an input-output model. The empirical results indicate that U.S. agricultural exports tend to be more capital intensive while agricultural imports are more labor intensive, a result...
Persistent link: https://www.econbiz.de/10005041685
The effects of a world oil price shock on U.S. agriculture are analyzed in an economywide environment. We use an input-output model to analyze the direct and indirect cost linkages between energy and other sectors of the economy. Then, to allow sectoral output adjustment and the effects on the...
Persistent link: https://www.econbiz.de/10005484159
An I/O model of U.S. is used to examine the effects of trade and domestic consumption on the separate and interactive effects of trade, technology, and labor productivity on the demand for skilled and unskilled workers for 1972, 1987, and 1993. The results suggest that trade has not been the...
Persistent link: https://www.econbiz.de/10005501192
This paper was presented at the INTERNATIONAL TRADE IN LIVESTOCK PRODUCTS SYMPOSIUM in Auckland, New Zealand, January 18-19, 2001. The Symposium was sponsored by: the International Agricultural Trade Research Consortium, the Venture Trust, Massey University, New Zealand, and the Centre for...
Persistent link: https://www.econbiz.de/10005459726
Monthly vector autoregressions of corn, farm broiler, and retail broiler prices were estimated for 1956:1-1968:12 (early period) and 1973:1-1985:11 (recent period), and then validated 36 months beyond each sample. Statistically significant evidence suggests that the dynamic manner in which corn...
Persistent link: https://www.econbiz.de/10008570040
Persistent link: https://www.econbiz.de/10003718509
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