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《The Theory and Practice of Finance and Economics》 2003-01
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A Revision of Todaro's Labor Migration Model and Its New Explanations

Xiao Wentao, Sun Ximing (School of Management ,South-Central University for Nationalities,Wuhan Hubei, 430074)  
The paper revises the Todaro's labor migration model,argues that the expectant net migrating income determines the migration,i.e.the expectant income in the old model reduces the living cost in the working destination which is one of the important factors which determines if the migrator can have a job and settle down. In order to increase the possibilities to have a job in city,the migrator's migrating, working and living decisions are basicly prepared and intentional rational behaviors.
【CateGory Index】: F061.3
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