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Minimum Wage And Food Prices: An Analysis Of Price Pass-Through Effects

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Author Info

  • Lee, Chinkook
  • Schluter, Gerald E.
  • O'Roark, Brian

Abstract

An Input-Output model is used to analyze price pass-through effects of a minimum wage increase on prices of the food and kindred product and food-service industry. Although these sectors employ a disproportionate share of minimum wage workers, our results suggest a $0.50 increase in the minimum wage would minimally affect food prices.

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File URL: http://purl.umn.edu/34561
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Bibliographic Info

Article provided by International Food and Agribusiness Management Association (IAMA) in its journal International Food and Agribusiness Management Review.

Volume (Year): 03 (2000)
Issue (Month): 01 ()
Pages:

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Handle: RePEc:ags:ifaamr:34561

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Related research

Keywords: Demand and Price Analysis; Labor and Human Capital;

References

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  1. Chinkook Lee & Darryl Wills, 1989. "Effects of dollar depreciation on agricultural prices and income," Agribusiness, John Wiley & Sons, Ltd., vol. 5(1), pages 43-51.
  2. Gron, Anne & Swenson, Deborah L, 1996. "Incomplete Exchange-Rate Pass-Through and Imperfect Competition: The Effect of Local Production," American Economic Review, American Economic Association, vol. 86(2), pages 71-76, May.
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Cited by:
  1. Lee, Chinkook, 2002. "The Impact Of Intermediate Input Price Changes On Food Prices: An Analysis Of "From-The-Ground-Up" Effects," Journal of Agribusiness, Agricultural Economics Association of Georgia, vol. 20(1).
  2. Heinrich Hock & Delia Furtado, 2009. "Female Work and Fertility in the United States: Effects of Low-Skilled Immigrant Labor," Working papers 2009-20, University of Connecticut, Department of Economics.

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