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This paper augments the existing literature on trade and child labor by exploring the effects of terms of trade changes in the context of a three good general equilibrium model, where one of the goods is a non-traded good. We find that under quasi-linear preferences the effect of the terms of...
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Chapter 1: Introduction -- Chapter 2 : Incidence of Child Labour –Global and Indian Estimates -- Chapter 3 : Types and Causes of Child Labour -- Chapter 4: Survey of Literature -- Chapter 5: Child Labour in General Equilibrium Framework & Effectiveness of Various Trade & Non-trade Policies --...
Persistent link: https://www.econbiz.de/10012398441
This paper is an attempt to analyze the consequence of trade liberalization in agriculture in the developed countries on the incidence of child labour in a developing economy in terms of a three-sector general equilibrium model with informal sectors. Adult labour and child labour are substitutes...
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The literature suggests that the household invests in the human capital of a child member not only for altruistic reasons but also as insurance against future income shocks. Hence, the allocation of the child's time between school and work is a function of the risk preference of the household...
Persistent link: https://www.econbiz.de/10012200935
Basu and Van (1998) show that a ban on child labour may be self-enforcing under the extreme assumption that, above the subsistence level, no amount of consumption can compensate parents for the disutility of child labour. We show that a partial ban may be self-enforcing also in a more general...
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