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Table 8 Pre- and post-shock commodity and labor equilibrium percent change

From: Assessing post-harvest labor shortages, wages, and welfare

σ

Output

Price

Pre emp.

Pre wage

Post emp.

Post wage

(Percent change)

Pome

 0.7

− 0.22

7.24

− 0.58

− 6.73

−  2.98

− 2.66

 1.1

−  0.16

7.10

−  0.60

−  6.70

− 3.83

− 3.48

 1.5

− 0.12

7.01

− 0.62

− 6.68

− 4.39

− 4.01

Prunus

 0.7

− 1.83

7.18

− 2.14

− 6.73

− 0.73

−  2.66

 1.1

− 1.69

7.05

− 2.08

− 6.70

− 2.24

− 3.48

 1.5

− 1.61

6.97

− 2.05

− 6.68

− 3.96

− 4.01

  1. Notes: es = 0.73, eu = 3.37, 5.4% final demand shock, and − 7% pre-harvest labor supply shock