Child labor and coordination failures

被引：36
作者：
Dessy, SE [1 ]
Pallage, S
机构：
[1] Univ Laval, Dept Econ, Ste Foy, PQ G1K 7P4, Canada
[2] Univ Laval, CREFA, Ste Foy, PQ G1K 7P4, Canada
[3] Univ Quebec, CREFE, Downtown Stn, Montreal, PQ H3C 3P8, Canada
[4] Univ Quebec, Dept Econ, Downtown Stn, Montreal, PQ H3C 3P8, Canada
来源：
JOURNAL OF DEVELOPMENT ECONOMICS | 2001年 / 65卷 / 02期
关键词：
child labor; skill-biased technology; welfare; multiple equilibria; coordination;
D O I：
10.1016/S0304-3878(01)00145-6
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
In this note, we show that a technology-based coordination failure may explain the emergence of laws restricting child labor. Child labor may arise because of the lack of a coordination mechanism between parental decisions to invest in the human capital of their children and firms' decisions to invest in skill-biased technologies. Legislative intervention in many cases helps coordinate expectations towards a Pareto-superior outcome with investments both in human capital and in skill-biased technologies. (C) 2001 Elsevier Science B.V. All rights reserved.
引用
收藏
页码：469 / 476
页数：8
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