CAUSES OF LOW RETURNS TO FARM LABOR IN THE U.S.: AN ANALYSIS OF FACTOR MARKET INTERACTIONS

Bert Mason

Journal of the Northeastern Agricultural Economics Council, 1978, vol. 07, issue 01, 6

Abstract: Despite massive off-farm migration and relatively prosperous agricultural years, estimates of returns to factors of production indicate that labor earnings in agriculture remain low. This is primarily caused by farm factor market characteristics and the resulting tendency of any increase in farm income to be capitalized into land values.

Keywords: Labor and Human Capital; Productivity Analysis; Research Methods/Statistical Methods (search for similar items in EconPapers)
Date: 1978
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Persistent link: https://EconPapers.repec.org/RePEc:ags:nareaj:159013

DOI: 10.22004/ag.econ.159013

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