Agricultural Labor Demand in Chile: A Cointegration Approach

International evidence shows that the positive relationship between product and agricultural labor has weakened during the last 30 years, especially in emergent economies. Chilean agriculture has not been left out of this phenomenon The main purpose of this reseach was to estimate the causality rela...

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Autores principales:	Saens N,Rodrigo, Lobos A,Germán, Rivera A,Edinson
Lenguaje:	English
Publicado:	Instituto de Investigaciones Agropecuarias, INIA 2008
Materias:	agricultural labor Cobb-Douglas employment-product elasticity employment-salary elasticity
Acceso en línea:	http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-58392008000400009
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spelling	oai:scielo:S0718-583920080004000092018-10-01Agricultural Labor Demand in Chile: A Cointegration ApproachSaens N,RodrigoLobos A,GermánRivera A,Edinson agricultural labor Cobb-Douglas employment-product elasticity employment-salary elasticity International evidence shows that the positive relationship between product and agricultural labor has weakened during the last 30 years, especially in emergent economies. Chilean agriculture has not been left out of this phenomenon The main purpose of this reseach was to estimate the causality relationships that govern the product, employment and salaries in the Chilean silviculture-agricultural-livestock sector, using a cointegration approach. Quarterly data from the 1996-2005 period were employed to estimate agricultural labor demand. A Cobb-Douglas agricultural production function was employed and from it were derived the minimum cost function and the labor demand as bases of this study; the latter was approximated log-linearly to find different measures of elasticity. The main results shows that the estimated demand for agricultural labor has long-run employment-product and employment-salary elasticities of 0.38 and -0.88, respectively. An important conclusion suggests that, compared with the employment-product and employment-salary elasticities of labor demand on the aggregated level, agricultural employment in the long run results less sensitive to changes in the product, but more sensitive to changes in salaries.info:eu-repo/semantics/openAccessInstituto de Investigaciones Agropecuarias, INIAChilean journal of agricultural research v.68 n.4 20082008-12-01text/htmlhttp://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-58392008000400009en10.4067/S0718-58392008000400009
institution	Scielo Chile
collection	Scielo Chile
language	English
topic	agricultural labor Cobb-Douglas employment-product elasticity employment-salary elasticity
spellingShingle	agricultural labor Cobb-Douglas employment-product elasticity employment-salary elasticity Saens N,Rodrigo Lobos A,Germán Rivera A,Edinson Agricultural Labor Demand in Chile: A Cointegration Approach
description	International evidence shows that the positive relationship between product and agricultural labor has weakened during the last 30 years, especially in emergent economies. Chilean agriculture has not been left out of this phenomenon The main purpose of this reseach was to estimate the causality relationships that govern the product, employment and salaries in the Chilean silviculture-agricultural-livestock sector, using a cointegration approach. Quarterly data from the 1996-2005 period were employed to estimate agricultural labor demand. A Cobb-Douglas agricultural production function was employed and from it were derived the minimum cost function and the labor demand as bases of this study; the latter was approximated log-linearly to find different measures of elasticity. The main results shows that the estimated demand for agricultural labor has long-run employment-product and employment-salary elasticities of 0.38 and -0.88, respectively. An important conclusion suggests that, compared with the employment-product and employment-salary elasticities of labor demand on the aggregated level, agricultural employment in the long run results less sensitive to changes in the product, but more sensitive to changes in salaries.
author	Saens N,Rodrigo Lobos A,Germán Rivera A,Edinson
author_facet	Saens N,Rodrigo Lobos A,Germán Rivera A,Edinson
author_sort	Saens N,Rodrigo
title	Agricultural Labor Demand in Chile: A Cointegration Approach
title_short	Agricultural Labor Demand in Chile: A Cointegration Approach
title_full	Agricultural Labor Demand in Chile: A Cointegration Approach
title_fullStr	Agricultural Labor Demand in Chile: A Cointegration Approach
title_full_unstemmed	Agricultural Labor Demand in Chile: A Cointegration Approach
title_sort	agricultural labor demand in chile: a cointegration approach
publisher	Instituto de Investigaciones Agropecuarias, INIA
publishDate	2008
url	http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-58392008000400009
work_keys_str_mv	AT saensnrodrigo agriculturallabordemandinchileacointegrationapproach AT lobosagerman agriculturallabordemandinchileacointegrationapproach AT riveraaedinson agriculturallabordemandinchileacointegrationapproach
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Agricultural Labor Demand in Chile: A Cointegration Approach

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