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Differential returns to labor in Indian agriculture

Differential returns to labor in Indian agriculture

Northeastern Journal of Agricultural and Resource Economics 20(1): 24-32

This article explores the speed of adjustment to changing economic circumstances in Indian agricultural labour markets Agricultural wages in 16 states during 1970-86 are analysed. Results indicate that agricultural wages adjust quickly toward their long-run values, completing about 20%-25% of the adjustment per year. Results also suggest strong linkages between the agricultural and non-agricultural labour markets.

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Accession: 002072814

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