SHADOW WAGE RATE FOR URBAN PUBLIC PROJECT EVALUATION IN THAILAND

Somnuk Tubpun

No 13797, Staff Papers from University of Minnesota, Department of Applied Economics

Abstract: This paper will review the existing methodologies for estimating the shadow wage rate. Assumptions and some special characteristics as well as drawbacks of each methodology are discussed. From these special characteristics, a formula is derived for estimating wages for Thai economic conditions.

Keywords: Public; Economics (search for similar items in EconPapers)
Pages: 27
Date: 1979
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Persistent link: https://EconPapers.repec.org/RePEc:ags:umaesp:13797

DOI: 10.22004/ag.econ.13797

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