The Shadow price of labour and employment benefits in a developing economy

Campbell, H.F. (2008) The Shadow price of labour and employment benefits in a developing economy. Australian Economic Papers, 47 4: 311-319. doi:10.1111/j.1467-8454.2008.00351.x

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Author Campbell, H.F.
Title The Shadow price of labour and employment benefits in a developing economy
Journal name Australian Economic Papers   Check publisher's open access policy
ISSN 0004-0900
1467-8454
Publication date 2008-12
Year available 2008
Sub-type Article (original research)
DOI 10.1111/j.1467-8454.2008.00351.x
Open Access Status
Volume 47
Issue 4
Start page 311
End page 319
Total pages 9
Editor D. Leonard
Place of publication Richmond, VIC, Australia
Publisher Wiley Blackwell Publishing Asia
Collection year 2009
Language eng
Subject 140299 Applied Economics not elsewhere classified
9199 Other Economic Framework
Abstract The paper describes and analyses data obtained from a survey of the labour force of a tuna cannery in Papua New Guinea. Estimates of the value of employees' work and travel time are obtained and used to calculate the shadow-price of labour under alternative assumptions about the labour market and the economy. The shadow-prices are used to calculate annual employment benefits to the indigenous labour force and to the economy as a whole. These benefits can amount to approximately half of the gross wage bill. Benefits by sex and skill category of worker are also reported. The results of the paper can be used to calculate employment benefits in other similar circumstances in other industries and countries.
Q-Index Code C1
Q-Index Status Confirmed Code
Institutional Status UQ

Document type: Journal Article
Sub-type: Article (original research)
Collections: 2009 Higher Education Research Data Collection
School of Economics Publications
 
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Created: Thu, 16 Apr 2009, 13:01:58 EST by Kaelene Matts on behalf of School of Economics