IDEAS home Printed from https://ideas.repec.org/a/bla/ausecp/v47y2008i4p311-319.html
   My bibliography  Save this article

The Shadow‐Price Of Labour And Employment Benefits In A Developing Economy

Author

Listed:
  • H.F. CAMPBELL

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.

Suggested Citation

  • H.F. Campbell, 2008. "The Shadow‐Price Of Labour And Employment Benefits In A Developing Economy," Australian Economic Papers, Wiley Blackwell, vol. 47(4), pages 311-319, December.
    • Handle: RePEc:bla:ausecp:v:47:y:2008:i:4:p:311-319
    DOI: 10.1111/j.1467-8454.2008.00351.x
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/j.1467-8454.2008.00351.x
    Download Restriction: no
    File URL: https://libkey.io/10.1111/j.1467-8454.2008.00351.x?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Elio H. Londero, 2003. "Shadow Prices for Project Appraisal," Books, Edward Elgar Publishing, number 3064.
    2. Campbell, H. F. & Hand, A. J., 1998. "Joint ventures and technology transfer: the Solomon Islands pole-and-line fishery," Journal of Development Economics, Elsevier, vol. 57(2), pages 421-442.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Traverso L. & Mazzoli E. & Miller C. & Pulighe G. & Perelli C. & Morese M. M. & Branca G., 2021. "Cost Benefit and Risk Analysis of Low iLUC Bioenergy Production in Europe Using Monte Carlo Simulation," Energies, MDPI, vol. 14(6), pages 1-18, March.
    2. Nazneen K. Chowdhury & Tom Kompas & Kaliappa Kalirajan, 2010. "Impact of control measures in fisheries management: evidence from Bangladesh's industrial trawl fishery," Economics Bulletin, AccessEcon, vol. 30(1), pages 765-773.
    3. Jolanta Bijańska & Krzysztof Wodarski & Aneta Aleksander, 2022. "Analysis of the Financing Options for Pro-Ecological Projects," Energies, MDPI, vol. 15(6), pages 1-30, March.
    4. Álvarez, Antonio, 2003. "Econometric Estimation of Fishing Production Functions when Stocks is Unknown: A Monte Carlo Analysis," Efficiency Series Papers 2003/09, University of Oviedo, Department of Economics, Oviedo Efficiency Group (OEG).
    5. Yongil Jeon & Ishak Haji Omar & K. Kuperan & Dale Squires & Indah Susilowati, 2006. "Developing country fisheries and technical efficiency: the Java Sea purse seine fishery," Applied Economics, Taylor & Francis Journals, vol. 38(13), pages 1541-1552.
    6. Raúl Castro & Manuel Felipe Avella, 2020. "Precio cuenta (sombra) de la divisa en una estructura de tipo de cambio fijo. Estudio de Caso Bolivia," Documentos CEDE 18008, Universidad de los Andes, Facultad de Economía, CEDE.
    7. Aaditya Mattoo & Marcelo Olarreaga & Kamal Saggi, 2023. "Mode of foreign entry, technology transfer, and FDI policy," World Scientific Book Chapters, in: Kamal Saggi (ed.), Technology Transfer, Foreign Direct Investment, and the Protection of Intellectual Property in the Global Economy, chapter 25, pages 567-583, World Scientific Publishing Co. Pte. Ltd..
    8. Squires, Dale & Grafton, R. Quentin & Alam, Mohammed Ferdous & Omar, Ishak Haji, 2003. "Technical efficiency in the Malaysian gill net artisanal fishery," Environment and Development Economics, Cambridge University Press, vol. 8(3), pages 481-504, July.
    9. Niels Vestergaard & Dale Squires & Frank Jensen & Jesper L. Andersen, 2002. "Technical Efficiency of the Danish Trawl fleet: Are the Industrial Vessels Better than Others?," Working Papers 32/02, University of Southern Denmark, Department of Sociology, Environmental and Business Economics.
    10. Chen, Shuai & Gong, Binlei, 2021. "Response and adaptation of agriculture to climate change: Evidence from China," Journal of Development Economics, Elsevier, vol. 148(C).
    11. Sean Pascoe & Parastoo Hassaszahed & Jesper Anderson & Knud Korsbrekke, 2003. "Economic versus physical input measures in the analysis of technical efficiency in fisheries," Applied Economics, Taylor & Francis Journals, vol. 35(15), pages 1699-1710.
    12. Álvarez, Antonio, 2001. "Some Issues on the Estimation of Technical Efficiency in Fisheries," Efficiency Series Papers 2001/02, University of Oviedo, Department of Economics, Oviedo Efficiency Group (OEG).
    13. B. Imnawapang Longkumer, 2021. "Operation-Wise Labour Absorption in Jhum cultivation, WRC and WTC Under Mokokchung, Dimapur and Phek Districts, Nagaland," The Indian Journal of Labour Economics, Springer;The Indian Society of Labour Economics (ISLE), vol. 64(1), pages 155-173, March.
    14. Giannis Karagiannis & Stelios Katranidis & Vangelis Tzouvelekas, 1999. "Measuring Productive Efficiency of Seabass and Seabream Farms in Greece," Working Papers 9911, University of Crete, Department of Economics.
    15. Trond Bjorndal & Phoebe Koundouri & Sean Pascoe, 2004. "Output Substitution in Multi-Species Trawl Fisheries: Implications for Quota Setting," DEOS Working Papers 0408, Athens University of Economics and Business.
    16. Martina Kršková, 2008. "Evaluation," Ekonomika a Management, Prague University of Economics and Business, vol. 2008(1).
    17. Chenxing Yang & Xiaobo Lou & Takahiro Matsui & Junbo Zhang, 2017. "Evaluating the technical efficiencies of fishing vessels to achieve effective management of overexploited fisheries," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 22(8), pages 1149-1162, December.
    18. Mattoo, Aaditya & Olarreaga, Marcelo & Saggi, Kamal, 2001. "Mode of foreign entry, technology transfer, and foreign direct investment policy," Policy Research Working Paper Series 2737, The World Bank.
    19. Trond Bjorndal & Phoebe Koundouri & Sean Pascoe, 2002. "Multi-Output Distance Function for the North Sea Beam Trawl Fishery," DEOS Working Papers 0204, Athens University of Economics and Business.
    20. Harald Lang & Armin-D. Riess, 2019. "Shadow wages in cost-benefit rules for project and policy analyses: estimates for OECD countries," DEM Discussion Paper Series 19-05, Department of Economics at the University of Luxembourg.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:ausecp:v:47:y:2008:i:4:p:311-319. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: http://www.blackwellpublishing.com/journal.asp?ref=0004-900X .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.