Agricultural Subsidy Policies Fail to Deal with Child Labour under Agricultural Dualism: What could be the Alternative Policies?
Jayanta Dwibedi () and
Sarbajit Chaudhuri ()
MPRA Paper from University Library of Munich, Germany
We provide a theoretical explanation why agricultural subsidy policies are likely to fail to ensure simultaneous eradication of the incidence of child labour and improvement in the well-being of the poor working families in terms of a three-sector general equilibrium model with child labour and agricultural dualism. We identify both demand and supply side effects of any policy intervention on child labour. We also suggest two alternative policies, a scheme of direct cash transfer to poor people and economic growth through foreign direct investment (FDI), both of which would be effective in achieving these twin objectives of a welfare government.
Keywords: Child labour; general equilibrium; agricultural dualism; agricultural subsidy policy; direct cash transfer; FDI-led growth (search for similar items in EconPapers)
JEL-codes: D1 J1 J10 J13 O12 O17 O23 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-agr
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Journal Article: Agricultural subsidy policies fail to deal with child labour under agricultural dualism: What could be the alternative policies? (2014)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:55411
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