HYSTERESIS AND THE SHORTAGE OF AGRICULTURAL LABOR

The GAO disputes growers' claims of a labor shortage, using unreliable farm employment data rather than relative wages. A shortage, implying a failure of intersectoral arbitrage, may arise due to hysteresis in labor movement. Estimates find the probability of a farm labor shortage (30%) three times that of a surplus.


Issue Date:
1998
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/20858
Total Pages:
18
Series Statement:
Selected Paper




 Record created 2017-04-01, last modified 2017-08-24

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