The Agricultural Minimum Wage and Wheat Production in Morocco (1971-89).

A positive relation between wheat production and the level of the agricultural minimum wage in Morocco is explained by applying a version of Stigler's (1946) monopsony model. The resulting econometric equation passes a large number of tests on Moroccan data over 1971-89. A model of the determination of the price of wheat is similarly developed and tested. Copyright 1992 by Oxford University Press.

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Year of publication:	1992
Authors:	Azam, Jean-Paul
Published in:	Journal of African Economies. - Centre for the Study of African Economies (CSAE). - Vol. 1.1992, 2, p. 171-91
Publisher:	Centre for the Study of African Economies (CSAE)

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005450026