Evaluating the Social Cost of Job Creation

Authors

  • Chun-Yan Kuo Department of Finance Canada Ottawa, Ontario

DOI:

https://doi.org/10.3138/cjpe.0012.004

Abstract

This article discusses the principal labor market distortions and their effects on the social cost of jobs created in industrial projects. Two alternative approaches, a partial and a general equilibrium analysis, are put forth as ways to measure labor’s opportunity cost in a systematic fashion. The general equilibrium approach provides a more sophisticated analysis because it takes into account labor migration between regions and the multiplier effect of job-creation projects on the project region.

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Published

1997-12-01

How to Cite

Kuo, C.-Y. (1997). Evaluating the Social Cost of Job Creation. Canadian Journal of Program Evaluation, 12(3), 67–82. https://doi.org/10.3138/cjpe.0012.004

Issue

Vol. 12 No. 3 (1997): Special Issue

Section

Articles

License

Copyright (c) 1997 Chun-Yan Kuo

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