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

页码：469 / 476

页数：8

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