Relative wage, child labor, and human capital
Document Type
Journal article
Source Publication
Oxford Economic Papers
Publication Date
10-1-2004
Volume
56
Issue
4
First Page
687
Last Page
700
Abstract
This paper analyses child labor and children's human capital formation in response to the changes of the relative wage/productivity between child labor and adult labor. It implies that because children's labor market participation raises the financial resources spent on their education, a small increase in child labor may enhance children's human capital. It also shows that in a poor economy, the laws that punish or partially deter child labor may result in children working more and accumulating less human capital.
DOI
10.1093/oep/gpf056
Print ISSN
00307653
E-ISSN
14643812
Publisher Statement
Copyright © Oxford University Press 2004
Access to external full text or publisher's version may require subscription.
Full-text Version
Publisher’s Version
Language
English
Recommended Citation
Fan, C. S. (2004). Relative wage, child labor, and human capital. Oxford Economic Papers, 56(4), 687-700. doi: 10.1093/oep/gpf056