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A Theoretical Perspective On A Minimum Wage In South African Agriculture

Author

Listed:
  • Vink, N
  • Tregurtha, N

Abstract

Most economists agree with the proposition that a minimum wage set above the market clearing equilibrium wage will cause unemployment. What happens when a minimum wage is set below the equilibrium wage is, however less clear. This is partly because the literature shows that the effect of a minimum wage will depend on the reason for its implementation. The literature also shows that the effect of a minimum wage depends on a range of macro level considerations. In this paper the international literature on the effects of a minimum wages is reviewed, and lessons are drawn for the implementation of a minimum wage in South African agriculture.

Suggested Citation

  • Vink, N & Tregurtha, N, 2003. "A Theoretical Perspective On A Minimum Wage In South African Agriculture," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 42(1).
    • Handle: RePEc:ags:agreko:246012
    DOI: 10.22004/ag.econ.246012
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    References listed on IDEAS

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