The impact of food prices on factor incomes
We use a dynamic specific-factors model in order to analyze how factor incomes, i.e. wages, interest rate and land rent, change when food prices rise. Special attention is given to the effects of food price shocks on wages. In the context of the theory, a food price shock affects factor incomes thr...
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| Format: | Dissertation |
| Language: | English |
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University of Oulu
2017
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| Online Access: | http://urn.fi/URN:NBN:fi:oulu-201703091320 http://nbn-resolving.de/urn:nbn:fi:oulu-201703091320 |