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The paper analyzes the implications of trade liberalization on the incidence of child labour in a two-sector general equilibrium framework. The supply function of child labour has been derived from the utility maximizing behaviour of the working families. The paper finds that the effect of trade...
Persistent link: https://www.econbiz.de/10005125728
The paper analyzes the implications of a subsidy policy on education and different liberalized trade and investment policies on the incidence of child labour in a developing economy in terms of a three-sector general equilibrium model with informal sector and child labour. The supply function of...
Persistent link: https://www.econbiz.de/10005125809
The paper purports to examine the implications of a free education policy and trade liberalization on the child and adult labour markets in the set-up of a Harris-Todaro type general equilibrium model. It has been found that a hike in the education subsidy or inflow of foreign capital may...
Persistent link: https://www.econbiz.de/10005408357
for observed ‡uctuations in macro economic aggregates in India. We find that exogenous fl‡uctuations in productivity can …
Persistent link: https://www.econbiz.de/10005126360
Economic phenomena are interrelated. From a growth perspective, time analysis concerning the choices of present and future consumption and the choices between the allocation of scientific resources should be combined with a space analysis regarding the dissemination of economic activity through...
Persistent link: https://www.econbiz.de/10005124884
, to choose how to allocate technological inputs. A technology choices model is developed, where scarce scientific … resources are alternatively allocated to basic science activities and to applied technology uses. We find that saddle path … objective function, that is, for a second-order Taylor series approximation of a felicity function regarding technology …
Persistent link: https://www.econbiz.de/10005124964
The relations between the riches of nations and the riches of Productive Knowledge (Technology) gains increasing … production, i.e., technology or productive knowledge, gives occasion to a dynamic and uninterrupted growth process, but … technology itself is the product of mental labor. In support of this assertion, a simple model of growth based on productive …
Persistent link: https://www.econbiz.de/10005125665
workers. The paper shows technology has played the dominant role in changing employment patterns in Australia. The finding is …
Persistent link: https://www.econbiz.de/10005125725
It is assumed that performance of production system can be described with the three variables: amount of production equipment -- capital stock $K$ and 'consumption' of labour L and capital services S. It is shown that the production function can be specified as the known Cobb- Douglas production...
Persistent link: https://www.econbiz.de/10005134973
The diffusion of modern, efficient technology has far-reaching consequences for the geography of economic activity … favorable to the rapid spread of new technology. The first states that latecomer advantage allows developing countries to … diffuse new technology faster than developed countries. The second claim, widely articulated by advocates of neo …
Persistent link: https://www.econbiz.de/10005062437