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 |