CHILD LABOUR, SKILL FORMATION AND CAPITAL ACCUMULATION: A THEORETICAL ANALYSIS
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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.
- 慶應義塾大学の論文
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- CHILD LABOUR, SKILL FORMATION AND CAPITAL ACCUMULATION: A THEORETICAL ANALYSIS
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