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| Registros recuperados: 10 | |
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| Yu, Li; Hurley, Terrance M.; Kliebenstein, James B.; Orazem, Peter F.. |
| A long-standing puzzle in labor economics has been the positive relationship between wages and firm size. Even after controlling for worker's observed characteristics such as education, work experience, gender, and geographic location, a significant firm size wage effect averaging 15 percent remains. This paper investigates whether the size-wage premium on hog farms persists over time and whether the magnitude is growing or shrinking. The paper pays particular attention to the matching process by which workers are allocated to farms of different size and technology use, and whether the matching process may explain differences in wages across farms. The study relies on four surveys of employees on hog farms collected in 1990, 1995, 2000, and 2005. The... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Agribusiness; Livestock Production/Industries. |
| Ano: 2007 |
URL: http://purl.umn.edu/9991 |
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| Yu, Li; Hurley, Terrance M.; Kliebenstein, James B.; Orazem, Peter F.. |
| Economists have long puzzled over the fact that large firms pay higher wages than small firms, even after controlling for worker's observed productive characteristics. One possible explanation has been that firm size is correlated with unobserved productive attributes which confound firm size with other productive characteristics. This study investigates the size-wage premium in the context of firms competing within a single market for a relatively homogeneous product: hogs. We pay particular attention to the matching process by which workers are linked to farms of different size and technology use, and whether the matching process may explain differences in wages across farms. The study relies on four surveys of employees on hog farms collected in 1990,... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Agribusiness; Labor and Human Capital; Livestock Production/Industries. |
| Ano: 2008 |
URL: http://purl.umn.edu/6138 |
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| Yu, Li; Orazem, Peter F.. |
| Kremer’s O-Ring production theory (QJE, 1993) describes a process in which a single mistake in any one of several tasks in firm’s production process can lead to catastrophic failure of the product’s value. This paper tests the predictions of the O-Ring theory in the context of a single market for a relatively homogeneous product: hog production. Consistent with the theory, the most skilled workers concentrate in the largest and most technologically advanced farms and are paid more. As with observed skills, workers with the greatest endowments of unobserved skills also sort themselves into the largest and most technology intensive farms. |
| Tipo: Working or Discussion Paper |
Palavras-chave: Labor and Human Capital; Production Economics; Farm Management; L11; O33; J43. |
| Ano: 2008 |
URL: http://purl.umn.edu/44873 |
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| Yu, Li; Hurley, Terrance M.; Kliebenstein, James B.; Orazem, Peter F.. |
| The hypothetical distribution of multiple technology adoptions under the assumption that technologies are mutually independent is compared against the actual observed distribution of technology adoptions on hog farms. Combinations of technologies that occur with greater frequency than would occur under independence are mutually complementary technologies. Combinations that occur with less frequency are substitute technologies. This method is easily applied to simultaneous decisions regarding many technologies. We find that some technologies used in pork production are mutually substitutable for one another while others are complementary. However, as the number of bundled technologies increases, they are increasingly likely to be complementary with one... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Farm Management; Productivity Analysis. |
| Ano: 2007 |
URL: http://purl.umn.edu/9836 |
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| Registros recuperados: 10 | |
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