Free Education Policy and Trade Liberalizaiton : Consequences on Child and Adult Labour Markets in a Small Open Economy

다국어 초록 (Multilingual Abstract)

The paper purports ot examind the implocations of a free education policy and trade liberalizaion on the child and adult labout markets in the set-up of a Harris-Todaro type general equilibriym model. It has been found that a hike in the education subsidy or an infliw of foreign calital may produce counterproductive results ont he supply of child labour in the urban area. Moreover, these policies may raise the level of urban unemployment of adult labour even when two types of labour are not substitutes to each other. The average income of the urban poor families may also decrease as a consequence.