Theoretical and Applied Economics
No. 3 / 2021 (628), Autumn
Rural urban migration with heterogeneous firms, heterogonous laborer and the effect of wage subsidy
University of Calcutta, Kolkata, India
Ranajoy BHATTACHARYYA
Indian Institute of Foreign Trade, Kolkata, India
Sukanta BHATTACHARYA
University of Calcutta, Kolkata, India
Abstract. Rural urban migration is an important aspect towards the process of urbanization and development and therefore has been a topic of interest and debate for many economists for several decades. As a result, there exists a vast and diverse literature empirical and theoretical on the causes, consequences and therefore policy considerations and implications of rural urban migration. In this paper a few of the empirical observations are incorporated in a general equilibrium model based on Harris Todaro (1970) and Melitz (2003) to make it more realistically relevant. Later the effect a usual policy of rural wage subsidy is observed in the new model.
Contents
Two vital reference elements in the evolution of the current model of European integration – The Maastricht Treaty and the implementation of the single currency – Euro
Development in Romania during the post-crisis period: A human, economic and social perspective
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Evaluation of the methodological relationship between real business cycle model and macroprudential policy
Efficiency of commercial banks in India after global financial crises
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FDI and ODA effects on recipient countries imports: Evidence from selected MENA countries
Estimating the relationship between governance, economic growth, inequality and poverty
Environmental Kuznets curve and India: Evidence from autoregressive distributed lag model
Rural urban migration with heterogeneous firms, heterogonous laborer and the effect of wage subsidy
The relationship between exchange rates, foreign trade and economic growth: An application on Turkey