Needed Adjustments in the Supply of Farm Labor
- 1 November 1967
- journal article
- Published by Oxford University Press (OUP) in Journal of Farm Economics
- Vol. 49 (4) , 806-815
- https://doi.org/10.2307/1236937
Abstract
The problem of farm labor adjustment to economic growth is considered. The article attempts (a) to construct a theoretical model of the farm labor market, (b) to utilize available econometric estimates of parameters appearing in the demand for and supply of farm labor, (c) to estimate the annual shift in the supply of farm labor which is required in order to achieve a rise in the farm wage rate comparable to the rise of nonfarm wages.Keywords
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