CAUSES OF LOW RETURNS TO FARM LABOR IN THE U.S.: AN ANALYSIS OF FACTOR MARKET INTERACTIONS

No hay miniatura disponible

Fecha

Título de la revista

ISSN de la revista

Título del volumen

Editor

Resumen

Descripción

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.

Palabras clave

Citación