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AA00260492-20010002-0023.pdf
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Title |
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CHILD LABOUR, SKILL FORMATION AND CAPITAL ACCUMULATION: A THEORETICAL ANALYSIS
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GUPTA, Manash Ranjan
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Economic Research Unit, Indian Statistical Institute
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Keio Economic Society, Keio University
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2001
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Keio economic studies
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38
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2
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2001
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23
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End page |
40
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Abstract |
In this paper, we consider a two sector dynamic model of a small open economy with a child labour market. This model analyses the simultaneous accumulation of human capital and physical capital; and shows the possibility of multiple long-run equilibria with a low level equilibrium trap (child labour trap). The effect of trade sanctions imposed on the child labour using products are analysed on the long run equilibrium of the system.
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