Wage determination in agricultural labour markets under monopsonist labour-tying arrangements

John Baffoe-Bonnie, Fidel Ezeala-Harrison

Research output: Contribution to journalArticle

3 Scopus citations

Abstract

There is need for a study of wage formation in agricultural labour markets which can simultaneously explain the existence of involuntary unemployment on the one hand, and responsiveness to market forces on the other. This paper offers an analysis and empirical study of wage determination in a typical rural agricultural setting, and finds that, based on the notion of efficiency wages, a two-tier situation explains why rural wage rates are known to vary widely among workers and across regions.

Original languageEnglish (US)
Pages (from-to)163-173
Number of pages11
JournalApplied Economics
Volume28
Issue number2
DOIs
StatePublished - Feb 1996

All Science Journal Classification (ASJC) codes

  • Economics and Econometrics

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