Table 7 Economic surplus
From: Assessing post-harvest labor shortages, wages, and welfare
Post-shock competitive equilibrium | Post-shock fixed wage | Welfare change | Post-shock fixed wage transport | Welfare change transport | |
|---|---|---|---|---|---|
Pome commodity market (million $) | |||||
Consumer | 8032.6 | 6788.0 | − 1244.6 | 1344.1 | − 6688.4 |
Firm | 1002.2 | 2187.9 | 1186.7 | 1002.2 | 0.0 |
Total | 9034.8 | 8975.9 | − 58.9 | 2346.4 | − 6688.4 |
Prunus commodity market (million $) | |||||
Consumer | 699.2 | 461.5 | − 237.7 | 249.8 | − 449.3 |
Firm | 113.8 | 322.9 | 209.1 | 113.8 | 0.0 |
Total | 813.0 | 784.4 | − 28.6 | 363.6 | − 449.3 |
Pre-harvest labor market (million $) | |||||
Pre-harvest labor | 110.7 | 61.9 | − 48.8 | 61.9 | − 48.8 |
Firm | 564.4 | 570.3 | 5.9 | 570.3 | 5.9 |
Total | 675.1 | 632.2 | − 42.9 | 632.2 | − 42.9 |
Post-harvest labor market (million $) | |||||
Post-harvest labor | 253.6 | 237.6 | − 16.0 | 237.6 | − 16.0 |
Firms | 842.1 | 856.8 | 14.7 | 856.8 | 14.7 |
Total | 1095.7 | 1094.4 | − 1.2 | 1094.4 | − 1.2 |
Total firms (million $) | |||||
Total pome firms | 2179.3 | 3382.2 | 1202.9 | 2196.5 | 17.2 |
Total prunus firms | 343.3 | 555.7 | 212.4 | 346.6 | 3.4 |