Open access renewable resources, urban unemployment, and the resolution of dual institutional failures

This paper investigates how poverty reduction and natural resource preservation can be simultaneously achieved in a small open dual economy with urban wage rigidity, open access rural resources, and rural-urban migration. An increase in the export tax rate on the rural resource good increases urban unemployment in both the short run and the long run with resource dynamics. Given the institutional failures, the first-best policy is an urban wage subsidy combined with either a rural wage subsidy at a lower rate or, if the urban output price is sufficiently high, a rural tax. When the institutional failures can be resolved endogenously, an increase in the export tax on the resource good can induce rural institutional change away from open access. However, tariff protection of urban manufacturing hinders such a rural institutional change.

NORTH–SOUTH ASYMMETRY IN TARIFF BARGAINING: A BLESSING FOR THE URBAN UNEMPLOYMENT?

In this study, North–South asymmetries are incorporated into a general equilibrium model to re-examine tariff bargaining. The asymmetric two-country model indicates that an import tariff charged by the North generates positive externalities that ameliorate structural unemployment in the South. The findings of this study yield two critical respects. First, the consideration of the urban unemployment in the South may reverse the consensus that a reciprocal tariff concession benefits both of the negotiators. Second and hence, this suggests that developing countries may bargain with opponents by manipulating second-best tariffs.

CORONA VIRUS, CHILD LABOUR AND IMPERFECT MARKET IN INDIA

The objective of the study is to analyse impact of corona virus in child labour in India. Covid-19 pandemic has created a big challenge in front of the world and India its negative impact on the economy has also created the possibilities of an increase in child labour. One impact would be an increase in the number of child workers. Along with the health crisis, and the economic and labour market shock that the pandemic has generated, the vulnerability of millions to child labour is another issue that merits serious attention. Already, there are 152 million child labourers worldwide. Despite the prohibition of engagement of children below the age of 14 in all occupations, India alone is home to 10.1 million child labourers in the age group 5-14 years Census 2011. As per the Centre for Monitoring Indian Economy’s (CMIE) weekly tracker survey, the impact of COVID-19 has already pushed the urban unemployment rate to 30.9% as on April 5, which was 8.21% on March 15 estimates show that about 400 million informal workers in India may not get back their livelihood status for a longer period in the near future KEYWORDS:- Child labour, Covid-19, Health, Unemployment, Work

An empirical study of factors influencing entrepreneurship using fuzzy logic: Based on provincial panel data

At present, the development of China’s economy is inseparable from the promotion of innovation and entrepreneurship. However, there are huge differences in the level of entrepreneurship in different regions, so it is urgent to analyze the influencing factors of entrepreneurship. This paper uses panel data of 31 provinces in 2008–2017 to test the impact of urban unemployment rate, regional financial development level, market scale, agglomeration effect, entrepreneurial cost, scientific and technological innovation level, government support and other factors on entrepreneurial level. To solve the issue of factors influencing the enterprises, we utilised an effective way of fuzzy logic along with decision estimation strategy. The empirical results show that regional financial development level, agglomeration effect, technological innovation ability, government support and so on have a positive role in promoting the level of entrepreneurship, while urban unemployment rate has no significant effect on the level of entrepreneurship. Based on the empirical conclusion, the paper puts forward some policy suggestions.

Urban Economy and Sources of Its Efficiency as Factors Addressing the Challenges Faced by Urban Economy

Rapid growth of density of population and overcrowded and congested cities in the Southern African region due to urban migration from people seeking a better lifestyle and job opportunities, despite high levels of urban unemployment, infrastructure and sanitation, is embedded by lack of accelerated innovation to create sustainable future for most people. However, in South Africa infrastructure is seen as an enabler weapon of development to cultivate growth and confront challenges of efficient operations that are to reduce costs of production and create access to application of modern society. With this in mind, the chapter aims to look at the extent to which sources of efficiency can be used as a tool to address the urban economic challenges affecting the global economic development in the region.