STRUCTURAL ANALYSIS OF MINIMUM WAGE RATES, UNEMPLOYMENT AND FOOD PRICES OF FARM WORKERS IN SOUTH AFRICA: CO-INTEGRATION APPROACH

This paper examines the short- and long- term effects of increasing minimum wage rates for farm workers in South Africa on structural unemployment and rising food prices in the economy. The Pearson correlation model was used to establish association between variables. Analysis found a negative...

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Bibliographic Details
Main Authors: Joseph Nembo Lekunze, Usapfa Luvhengo, Rangarirai Roy Shoko
Format: Article
Language:English
Published: University of Life Sciences in Poznań 2016-12-01
Series:Journal of Agribusiness and Rural Development
Subjects:
Online Access:http://www.jard.edu.pl/tom42/zeszyt4/art_84.pdf