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The Impact of Wages and Industrial Policy on the Performance of the Agricultural Sector from an ACTU Perspective

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  • Belchamber, G.D.

Abstract

"The estimation in which different qualities of labour arc held comes soon to be adjusted in the market with sufficient precision for all practical purposes, and depends much on the comparative skill of the labourer and intensity of the labour performed, The scale, when once formed, is liable to little variation. If a day's labour of a working jeweller be more valuable than a day's labour of a common labourer, it has long ago been adjusted and placed in its proper position in the scale of value".

Suggested Citation

  • Belchamber, G.D., 1987. "The Impact of Wages and Industrial Policy on the Performance of the Agricultural Sector from an ACTU Perspective," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 55(01), pages 1-10, April.
    • Handle: RePEc:ags:remaae:12310
    DOI: 10.22004/ag.econ.12310
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    References listed on IDEAS

    as
    1. Arthur M. Okun, 1980. "The Invisible Handshake and the Inflationary Process," Challenge, Taylor & Francis Journals, vol. 22(6), pages 5-12, January.
    2. McDonald, Ian M & Solow, Robert M, 1981. "Wage Bargaining and Employment," American Economic Review, American Economic Association, vol. 71(5), pages 896-908, December.
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