The Impact of Minimum Wage Increases on Food and Kindred Products Prices: An Analysis of Price Pass-Through

An input-output model is used to analyze price pass-through effects of a minimum wage increase on prices of the food and kindred products and food-service industries. These sectors employ a disproportionate share of minimum wage workers, but results suggest a $0.50 increase in the present minimum wage would increase food prices less than 1 percent for most of the 12 food and kindred products prices and 1 percent at eating and drinking places.

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Year of publication:	1999
Authors:	Lee, Chinkook ; O'Roark, Brian
Institutions:	Economic Research Service, Department of Agriculture
Subject:	minimum wage \| input-output analysis \| food and kindred products industries \| eating and drinking places \| Demand and Price Analysis \| Labor and Human Capital

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Extent:	application/pdf
Series:	Technical Bulletins.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series Economic Research Service>Technical Bulletins Number 33553
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005536646