Minimum Wages and the Farm Labor Market

Bruce Gardner

American Journal of Agricultural Economics, 1972, vol. 54, issue 3, 473-476

Abstract: Effects of U. S. minimum wage legislation on farm wage rates and employment are investigated by a reduced-form supply-demand model of the hired farm labor market. Results indicate the extension of minimum wages to some farm labor has significantly increased farm wages and reduced employment, as the marginal productivity theory of factor demand would predict.

Date: 1972
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