Valuation of unpaid help by seniors in Canada: An empirical analysis

The demographic shift towards an older population in Canada has led to conc erns about the increased share of society's resources required to provide h ealth care, social assistance, public pensions, housing, etc. for this grou p. Preoccupation with this problem, however, has obscured the fact that sen iors actively contribute to society in many ways, not the least of which is the provision of substantial amounts of unpaid time contributions of vario us sorts. Using data from the 1992 General Social Survey on Time Use (cycle 7), this paper estimates the amount and market value (at replacement cost) of unpaid help -both informal help to others and formal help to organizati ons - of individuals age 55 and over. Travel time in connection with unpaid help is also analysed. We find that participation rates and average hours are higher in the informal help sector relative to the formal sector both b y age and by gender. The estimates also show that the market value of these contributions is substantial, and that seniors contribute a disproportiona te share of the value of unpaid help contributed by all individuals over th e age of 25.