Since 2014
Are U.S. Farm Wages Really Depressing? Evidence from the Northeast and South
The Review of Regional Studies
View Archive Info| Field | Value | |
| Title |
Are U.S. Farm Wages Really Depressing? Evidence from the Northeast and South
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| Creator |
Temel, Tugrul
Tavernier, Edmund M. |
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| Description |
This study examines movements in U.S. real farm wages and whether or not wages tend to converge during 1978-92. Results from the Markov chain analysis support convergence in both the Northeast and the South to a lower wage rate than their respective regional average rates in 1978. A comparison of the time-invariant and actual terminal period distributions indicates that such tendency signals future wages to depress. This further suggests that the over-supply of labor, which manifests itself in the form of lower wages, can be viewed as a symptom of a healthy labor market responding to market signals.
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| Publisher |
Southern Regional Science Association
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| Date |
1999-12-01
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — |
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| Format |
application/pdf
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| Identifier |
http://journal.srsa.org/ojs/index.php/RRS/article/view/29.3.1
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| Source |
The Review of Regional Studies; Vol 29, No 3 (1999); 212-225
0048-749X 1553-0892 |
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| Language |
eng
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| Relation |
http://journal.srsa.org/ojs/index.php/RRS/article/view/29.3.1/353
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