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The Elasticity of Demand for Hired Farm Labor
Author(s) -
Hammonds T. M.,
Yadav R.,
Vathana C.
Publication year - 1973
Publication title -
american journal of agricultural economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.949
H-Index - 111
eISSN - 1467-8276
pISSN - 0002-9092
DOI - 10.2307/1238447
Subject(s) - elasticity (physics) , economics , price elasticity of demand , labor demand , derived demand , cross elasticity of demand , demand curve , output elasticity , production (economics) , econometrics , labour economics , price elasticity of supply , microeconomics , wage , materials science , composite material
Estimation of a supply and demand model of the hired farm labor sector is presented. Elasticity estimates using this technique are compared to estimates obtained through cross‐section and production function models.