IDEAS home Printed from https://ideas.repec.org/a/pje/journl/article1985winii.html
   My bibliography  Save this article

THE PRICE OF FOOD, LABOR SCARCITY AND THE REAL WAGE: Egypt, 1950 to 1974

Author

Listed:
  • Richard GRABOWSKI
  • David SIVAN*

Abstract

In many less developed nations, agricultural production is becoming more and more capital intensive. Some attribute this increased capital intensity to distortions in factor input prices. In this short paper an alternative explanation is developed and empirically tested. It is hypothesized that in less developed nations, where food consumption is low, as food prices rise relative to other items generally purchased by individuals in agriculture, families will find their ability to work impaired, the supply of labor will decrease, and, ceteris paribus, the real wage will tend to rise. Thus, some mechanization of farming activities may be due to the increased costliness of labor.

Suggested Citation

  • Richard GRABOWSKI & David SIVAN*, 1985. "THE PRICE OF FOOD, LABOR SCARCITY AND THE REAL WAGE: Egypt, 1950 to 1974," Pakistan Journal of Applied Economics, Applied Economics Research Centre, vol. 4(2), pages 93-100.
    • Handle: RePEc:pje:journl:article1985winii
    as

    Download full text from publisher

    File URL: http://aerc.edu.pk/wp-content/uploads/2017/03/3rd-Paper-Page-93-100-1.pdf
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pje:journl:article1985winii. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Samina Khalil (email available below). General contact details of provider: https://edirc.repec.org/data/aekarpk.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.