The Structure of Wages and Benefits in the U.S. Pork Industry
Journal or Book Title
American Journal of Agricultural Economics
First Page or Article ID Number
Pork production has evolved from relatively small, family-run operations toward large-scale operations with several employees. Important questions about the structure of compensation in this rapidly changing labor market are answered using probit and ordered probit models and data from a national survey of pork producers and their employees. The results suggest (i) the structure of wages in pork production is consistent with more developed labor markets; (ii) employees earn a wage premium for using advanced technology and working in larger operations; and (iii) employees are willing to accept lower wages in exchange for better benefits and working con- ditions.
Hurley, Terrance M.; Kliebenstein, James; and Orazem, Peter F., "The Structure of Wages and Benefits in the U.S. Pork Industry" (1999). Economics Publications. 324.