Abstract
In this paper, we conduct the simple comparative static analysis of the environmental and economic effects of the government and producer services sector's training of rural-urban migrants. We mainly focus our attention on environmental issues and reach the following conclusions: When the government lowers the interest rate of training loans, environmental conditions will worsen. However, when the producer services sector increases the unit cost of training rural labour, the opposite effect occurs, and environmental conditions will improve. In addition, we discuss the conditions under which a government reduction in the interest rate of training loans will lead to the reduction of pollution damage to agricultural production and a decrease in social utility.
| Original language | English |
|---|---|
| Pages (from-to) | 385-402 |
| Number of pages | 18 |
| Journal | Prague Economic Papers |
| Issue number | 3 |
| Publication status | Published - 2013 Oct 22 |
| Externally published | Yes |
Keywords
- Employee vocational training
- Environment effects
- Low interest rate loan
- Rural-urban migration
ASJC Scopus subject areas
- Finance
- Economics and Econometrics
