Free Education Policy and Trade Liberalization
Free Education Policy and Trade Liberalization: Consequences on Child and Adult Labour Markets in a Small Open Economy
- 세종대학교 경제통합연구소
- Journal of Economic Integration
- 제18권 제2호
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2003.06336 - 359 (24 pages)
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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 an inflow of foreign capital may produce counterproductive results on the supply of child labour in the urban area. Moreover, these policies may raise the level of urban unemployment of adult labour even when two types of labour are not substitutes to each other. The average income of the urban poor families may also decrease as a consequence.
Ⅰ. Introduction
Ⅱ. The Model
Ⅲ. Concluding Remarks
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