IDEAS home Printed from https://ideas.repec.org/p/hhs/gunwpe/0323.html
   My bibliography  Save this paper

The Wealth Paradox Revisited: Credit Market Imperfections and Child Labor

Author

Listed:
  • Congdon Fors, Heather

    (Department of Economics, School of Business, Economics and Law, Göteborg University)

Abstract

We revisit the model of child labor in a peasant household presented in Bhalotra and Heady (2003), and demonstrate that the e¤ect of credit market imperfections on child labor di¤ers between households that save and households that borrow. This in turn is important for the interpretation of empirical results.

Suggested Citation

  • Congdon Fors, Heather, 2008. "The Wealth Paradox Revisited: Credit Market Imperfections and Child Labor," Working Papers in Economics 323, University of Gothenburg, Department of Economics.
    • Handle: RePEc:hhs:gunwpe:0323
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/2077/18373
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Eric V. Edmonds & Nina Pavcnik, 2005. "Child Labor in the Global Economy," Journal of Economic Perspectives, American Economic Association, vol. 19(1), pages 199-220, Winter.
    2. Sonia Bhalotra & Christopher Heady, 2003. "Child Farm Labor: The Wealth Paradox," The World Bank Economic Review, World Bank, vol. 17(2), pages 197-227, December.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Basu, Kaushik & Das, Sanghamitra & Dutta, Bhaskar, 2010. "Child labor and household wealth: Theory and empirical evidence of an inverted-U," Journal of Development Economics, Elsevier, vol. 91(1), pages 8-14, January.
    2. Krauss, Alexander, 2017. "Understanding child labour beyond the standard economic assumption of monetary poverty," LSE Research Online Documents on Economics 68497, London School of Economics and Political Science, LSE Library.
    3. Vimefall, Elin, 2015. "Income diversification and working children," Working Papers 2015:8, Örebro University, School of Business.
    4. Tharmmapornphilas, Rubkwan, 2013. "Impact of household factors on youth's school decisions in Thailand," Economics of Education Review, Elsevier, vol. 37(C), pages 258-272.
    5. Oryoie, Ali Reza & Alwang, Jeffrey & Tideman, Nicolaus, 2017. "Child Labor and Household Land Holding: Theory and Empirical Evidence from Zimbabwe," World Development, Elsevier, vol. 100(C), pages 45-58.
    6. Alvi, Eskander & Dendir, Seife, 2011. "Weathering the Storms: Credit Receipt and Child Labor in the Aftermath of the Great Floods (1998) in Bangladesh," World Development, Elsevier, vol. 39(8), pages 1398-1409, August.
    7. Prashant Bansode, 2013. "Perverse Consequences of Well Intentioned Regulation: Evidence from India's Child Labor Ban," Working Papers id:5555, eSocialSciences.
    8. Krisztina Kis-Katos, 2012. "Gender differences in work-schooling decisions in rural North India," Review of Economics of the Household, Springer, vol. 10(4), pages 491-519, December.
    9. Heather Congdon Fors, 2012. "Child Labour: A Review Of Recent Theory And Evidence With Policy Implications," Journal of Economic Surveys, Wiley Blackwell, vol. 26(4), pages 570-593, September.
    10. Edmonds, Eric V., 2008. "Child Labor," Handbook of Development Economics, in: T. Paul Schultz & John A. Strauss (ed.), Handbook of Development Economics, edition 1, volume 4, chapter 57, pages 3607-3709, Elsevier.
    11. Vimefall, Elin, 2011. "What determines which children work? Empirical evidence from Kenya," Working Papers 2011:3, Örebro University, School of Business.
    12. Kozhaya, Mireille & Martínez Flores, Fernanda, 2020. "Child Education and Work: Evidence from Mexico's Full-Time School Program," VfS Annual Conference 2020 (Virtual Conference): Gender Economics 224567, Verein für Socialpolitik / German Economic Association.
    13. Bang, James & Mitra, Aniruddha & Abbas, Faisal, 2023. "Remittances and Child Labor in Pakistan: A Tale of Complementarities," GLO Discussion Paper Series 1285, Global Labor Organization (GLO).
    14. Kozhaya, Mireille & Martinez Flores, Fernanda, 2020. "Schooling and child labor: Evidence from Mexico's full-time school program," Ruhr Economic Papers 851, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
    15. Heather Congdon Fors, 2014. "Social Globalization and Child Labor: A Cross-country Analysis," The Developing Economies, Institute of Developing Economies, vol. 52(2), pages 125-153, June.
    16. Valentina Rotondi & Francesco C. Billari, 2022. "Mobile Money and School Participation: Evidence from Africa," Population Research and Policy Review, Springer;Southern Demographic Association (SDA), vol. 41(1), pages 343-362, February.
    17. Yonatan Dinku & David Fielding & Murat Genç, 2018. "Health shocks and child time allocation decisions by households: evidence from Ethiopia," IZA Journal of Labor Economics, Springer;Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 7(1), pages 1-23, December.
    18. Lutfullah Lutf & Shahadat I Haq Yasini, 2018. "Factors Contributing to Child Labor in Afghanistan: A Case Study in Jalalabad City," Economic Alternatives, University of National and World Economy, Sofia, Bulgaria, issue 3, pages 348-372, September.
    19. Bargain, Olivier B. & Boutin, Delphine, 2014. "Remittances and Child Labour in Africa: Evidence from Burkina Faso," IZA Discussion Papers 8007, Institute of Labor Economics (IZA).
    20. Valentina Rotondi & Francesco Billari, 2017. "Mobile Money and School Participation: Evidence from Low Income Countries," Working Papers 109, "Carlo F. Dondena" Centre for Research on Social Dynamics (DONDENA), Università Commerciale Luigi Bocconi.

    More about this item

    Keywords

    Child labor; credit market imperfections; wealth paradox;
    All these keywords.

    JEL classification:

    • D13 - Microeconomics - - Household Behavior - - - Household Production and Intrahouse Allocation
    • J13 - Labor and Demographic Economics - - Demographic Economics - - - Fertility; Family Planning; Child Care; Children; Youth
    • J22 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Time Allocation and Labor Supply
    • O12 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Microeconomic Analyses of Economic Development

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hhs:gunwpe:0323. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Jessica Oscarsson (email available below). General contact details of provider: https://edirc.repec.org/data/naiguse.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.