On the Todaro paradox
| Data(s) |
1993
|
|---|---|
| Resumo |
This paper presents a version of the Harris-Todaro model in which the rural labour market is characterised by monopsonistic behaviour. It is shown that the ‘Todaro paradox’, i.e. that the creation of jobs in the urban sector actually increases urban unemployment, does not hold if the urban employed outnumber the urban unemployed. The latter is the rule in all LDCs. |
| Identificador | |
| Publicador |
Elsevier BV |
| Relação |
DOI:10.1016/0165-1765(93)90071-J Raimondos, Pascalis (1993) On the Todaro paradox. Economics Letters, 42(2-3), pp. 261-267. |
| Direitos |
Copyright 1993 Elsevier Science Publishers B.V. |
| Fonte |
QUT Business School; School of Economics & Finance |
| Tipo |
Journal Article |
