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Causes Of Low Returns To Farm Labor In The U.S.: An Analysis Of Factor Market Interactions

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  • Mason, Bert

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.

Suggested Citation

  • Mason, Bert, 1978. "Causes Of Low Returns To Farm Labor In The U.S.: An Analysis Of Factor Market Interactions," Journal of the Northeastern Agricultural Economics Council, Northeastern Agricultural and Resource Economics Association, vol. 7(1), pages 1-6, April.
  • Handle: RePEc:ags:nareaj:159013
    DOI: 10.22004/ag.econ.159013
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    References listed on IDEAS

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    1. Philip M. Raup, 1965. "Discussion: Land Values and Agricultural Income: A Paradox?," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 47(5), pages 1273-1277.
    2. K. L. Robinson, 1975. "Unstable Farm Prices: Economic Consequences and Policy Options," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 57(5), pages 769-777.
    3. Hottel, J. Bruce & Reinsel, Robert D, 1976. "Returns to Equity Capital by Economic Class of Farm," Agricultural Economic Reports 307617, United States Department of Agriculture, Economic Research Service.
    4. Walter E. Chryst, 1965. "Land Values and Agricultural Income: A Paradox?," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 47(5), pages 1265-1273.
    5. Robinson, K.L., 1975. "Unstable Farm Prices: Economic Consequences and Policy Options," 1975 Annual Meeting, August 10-13, Columbus, Ohio 284106, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    6. Varden Fuller & Bert Mason, 1977. "Farm Labor," The ANNALS of the American Academy of Political and Social Science, , vol. 429(1), pages 63-80, January.
    7. Earl O. Heady, 1949. "Basic Economic and Welfare Aspects of Farm Technological Advance," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 31(2), pages 293-316.
    8. Mason Gaffney, 1965. "The Benefits of Farm Programs: Incidence, Shifting, and Dissipation," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 47(5), pages 1252-1263.
    9. Bratton, C.A., 1975. "Dairy Farm Management: Business Summary New York 1974," EB Series 184720, Cornell University, Department of Applied Economics and Management.
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