AGRICULTURAL WAGES AND FOOD PRICES IN EGYPT: A GOVERNORATE-LEVEL ANALYSIS FOR 1976-1993

The trend in real agricultural wages in Egypt is described well by an inverted U-shaped curve with a peak around 1985. But the rise and fall of real wages masks a complex dynamic process by which nominal wages adjust in response to changes in food prices. We use governorate-level panel data for 1976–1993 to explore the nature of this adjustment process. Our results indicate that nominal wages adjust slowly. There is a significant negative initial impact of rising food prices on real wages, though wages do catch up in the long run.


Issue Date:
1995-11
Publication Type:
Working or Discussion Paper
PURL Identifier:
http://purl.umn.edu/94859
Page range:
1-66
Total Pages:
66
Series Statement:
FCND DISCUSSION PAPER
53




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

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