On Measuring the Social Opportunity Cost of Permanent and Temporary Employment
Glenn Jenkins () and
Chun-Yan Kuo ()
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Chun-Yan Kuo: Senior Fellow, John Deutsch International, Department of Economics, Queen’s University, Canada,
No 1978-10, Development Discussion Papers from JDI Executive Programs
Abstract:
A model is developed to evaluate the social opportunity cost of labour employed in permanent and temporary jobs. It allows for labour migration between regions and includes a measurement of the secondary impact of job creation pro- grams on the regions. An application of the model is carried out for the Cape Breton region of Canada. The principal policy conclusion is that the social opportunity cost per man-year of permanent employment is significantly less than the social opportunity cost per man-year of temporary employment; therefore, governments should be concerned not only with the number of jobs created by their programs but also with the quality of employment opportunities made available.
Keywords: :Social opportunity cost; employment; labour; Canada (search for similar items in EconPapers)
JEL-codes: J0 (search for similar items in EconPapers)
Pages: 21 pages
Date: 1978-10
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Citations: View citations in EconPapers (4)
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Journal Article: On Measuring the Social Opportunity Cost of Permanent and Temporary Employment (1978) 
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Persistent link: https://EconPapers.repec.org/RePEc:qed:dpaper:5501
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