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Table 9 Pre- and post-shock commodity and labor equilibrium level change

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

σ Output Price Pre emp. Pre wage Post emp. Post wage
(mil. lbs) ($/lbs) (ones) ($/h) (ones) ($/h)
Pome
 0.7 − 13.48 0.09 − 175.18 − 0.78 − 292.88 − 0.42
 1.1 − 9.80 0.09 − 181.22 − 0.78 − 376.42 − 0.55
 1.5 − 7.35 0.09 − 187.26 − 0.78 − 431.46 − 0.63
Prunus
 0.7 − 17.06 0.12 − 125.57 − 0.78 − 14.02 − 0.42
 1.1 − 15.75 0.12 − 122.05 − 0.78 − 45.32 − 0.55
 1.5 − 15.01 0.12 − 120.29 − 0.78 − 76.04 − 0.63
  1. Notes: es = 0.73, eu = 3.37, 5.4% final demand shock, and − 7% pre-harvest labor supply shock