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Impact of Increased Minimum Wage on Southern San Joaquin Valley Navel Orange Producers

Kallie Donnelly, California Polytechnic State University - San Luis Obispo
Jay E. Noel, California Polytechnic State University, San Luis Obispo

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Copyright © 2006 by Kallie Donnelly and Jay E. Noel.

Abstract

The California Institute for the Study of Specialty Crops (CISSC) developed a representative farm simulation model for navel producers in the Southern San Joaquin Valley. The farm simulation model simulates a producer’s financial statements for 2005-2014, including the income statement, statement of cash flows, and balance sheet. This model allows model prices and yields to vary over time. The variability is based on historical variation in navel orange prices and yield. This is done to capture the risk and uncertainty associated with variable prices and yields.

Suggested Citation

Kallie Donnelly and Jay E. Noel. 2006. "Impact of Increased Minimum Wage on Southern San Joaquin Valley Navel Orange Producers" Cal Poly Institute for the Study of Specialty Crops
Available at: http://works.bepress.com/jnoel/11