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Hysteresis And The Shortage Of Agricultural Labor

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  • Bryant, Amy
  • Richards, Timothy J.

Abstract

The GAO disputes growers' claims of a labor shortage, using unreliable farm employment data rather than relative wages. A shortage, implying a failure of intersectoral arbitrage, may arise due to hysteresis in labor movement. Estimates find the probability of a farm labor shortage (30%) three times that of a surplus.

Suggested Citation

  • Bryant, Amy & Richards, Timothy J., 1998. "Hysteresis And The Shortage Of Agricultural Labor," 1998 Annual meeting, August 2-5, Salt Lake City, UT 20858, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea98:20858
    DOI: 10.22004/ag.econ.20858
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    References listed on IDEAS

    as
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