The Impact of Minimum Wage Increases on Food and Kindred Products Prices: An Analysis of Price Pass-Through

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 minimum wage would increase food prices less than 1 percent for most of the 12 food and kindred products prices and 1 percent at eating and drinking places.


Issue Date:
1999
Publication Type:
Report
PURL Identifier:
http://purl.umn.edu/33553
Total Pages:
29
Series Statement:
Technical Bulletin Number 1877




 Record created 2017-04-01, last modified 2017-08-25

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