Influence of climate change on the prospects of increasing rural labor costs in Russian regions
Submitted by Гость (not verified) on Tue, 07/09/2024 - 16:45The paper proposes the methodology for estimating the effect of climate change on the prospects of increasing agricultural workers ’ wages and the stocks reserved for wages, providing this capacity is employed. The methodology relies on the scenario analysis, which is conducted using the economic model of partial equilibrium in the agricultural markets of Russia’s regions (federal subjects). The capability of increasing agricultural workers ’ wages is measured by means of the shadow prices of regional agricultural labor resources.