Effects of the Internal Wage on Output Supply: A Structural Estimation for Japanese Rice Farmers
通过结构估计日本稻农的生产和福利函数，验证了内部工资效应在非农就业受限时的作用，发现大米价格变化通过内部工资显著影响稻谷供给。
Abstract The “shadow” or “internal” wage plays a crucial role, via the “internal wage effect,” in models of agricultural households with absent or constrained off‐farm wage employment. To verify its empirical relevance, parameters of the production and welfare functions are estimated for Japanese rice farmers. It is inferred from this structural estimation that their off‐farm wage employment is actually constrained and that the “internal wage effect” of changes in the price of rice significantly influences their supply of rice.