This paper inquires the effects of globalization on child labor in developing countries via cross-country analysis by decomposing globalization to its components; foreign direct investment (FDI) and trade. The findings reveal that the relationship between the child labor supply and gross domestic product per capita (PCGDP) can be expressed as a U shape. The study indicates that the child labor increases in the developing countries whose PCGDP levels are above $7500 since the net effect of globalization is positive for the positive substitution effect is bigger than the negative income effect. Data have been collected from UNICEF and World Bank.
Ancient Greece, its history, philosophy and literature, that has been my love since childhood. Although my profession is only marginally related to all this - I work as a revision technician in a certain undisclosed company. In addition, I recreationally train in martial arts and prepare for a marathon. This blog is an opportunity for me to share with you everything that no longer fits into other boxes of my life.
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