Jump to ContentJump to Main Navigation
Show Summary Details
More options …

Journal of Benefit-Cost Analysis

More options …

Labor Expenditures and Benefit-Cost Accounting in Times of Unemployment

Robert H. Haveman / Scott Farrow
Published Online: 2011-04-25 | DOI: https://doi.org/10.2202/2152-2812.1081

We summarize procedures for assessing the benefits and costs of using labor inputs in public projects. Examples are provided to illustrate how information on labor inputs can be analyzed and presented such that, should the analyst choose, labor services generate elements of both benefit and cost in times of high unemployment; however, this is not generally correct in times of full employment. Our analysis is consistent with the overall goal of identifying those projects which are estimated to improve efficiency—those with social benefits in excess of social costs.

Keywords: labor; unemployment; surplus; tax

About the article

Published Online: 2011-04-25

Citation Information: Journal of Benefit-Cost Analysis, Volume 2, Issue 2, ISSN (Online) 2152-2812, DOI: https://doi.org/10.2202/2152-2812.1081.

Export Citation

©2011 Walter de Gruyter GmbH & Co. KG, Berlin/Boston.Get Permission

Citing Articles

Here you can find all Crossref-listed publications in which this article is cited. If you would like to receive automatic email messages as soon as this article is cited in other publications, simply activate the “Citation Alert” on the top of this page.

Timothy J. Bartik
Annual Review of Resource Economics, 2012, Volume 4, Number 1, Page 55
Robert H. Haveman and David L. Weimer
Journal of Benefit-Cost Analysis, 2015, Volume 6, Number 01, Page 112
Timothy J. Bartik
Review of Environmental Economics and Policy, 2015, Volume 9, Number 2, Page 179
James J. Laird and Peter J. Mackie
Research in Transportation Economics, 2014, Volume 47, Page 92

Comments (0)

Please log in or register to comment.
Log in