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THE "NEW ECONOMY" AND EFFICIENCY IN FOOD MARKET SYSTEM: A COMPLEMENT OR A BATTLEGROUND BETWEEN ECONOMIC CLASSES? / доклад на 25 конференции IAAE, Reshaping Agriculture’s Contribution to Society, International Convention Centre, Durban, South Africa, 16-23 August 2003

Опубликовано на портале: 24-12-2003
Durban, 2003
Rapid developments in E-commerce can bring efficiency in the food market system by cutting transaction costs. However, it can also bring a battleground between developed and developing countries and also within developed countries because the New Economy emphasizes knowledge-based labor practices and low-skilled workers of trading nations compete for a shrinking need for their services. An Input-Output model is used to examine the effects on high-skilled and low-skilled worker demand, particularly in food and agriculture. The food and agriculture industries are significant employers of low-skilled labor. Food and agriculture trade has reduced low-skilled labor demand in the United States.