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Title | China has reached the Lewis turning point |
Author |
Zhang, Xiaobo Yang, Jin Wang, Shenglin |
ORCID | http://orcid.org/0000-0002-4981-9565 Zhang, Xiaobo |
Year | 2010 |
Abstract | In the past several years, labor shortages in China have become an issue. However, there is heated debate as to whether China has passed the Lewis turning point and moved from a period of unlimited supply to a new era of labor shortage. Most empirical studies on this topic focus on estimation of total labor supply and demand. Yet the poor quality of China's labor statistics leaves the debate open. In this paper, China's position along the Lewis continuum is examined though primary surveys of wage rates, which offer a more reliable statistic than employment data. Our results show a clear rising trend in real wage rates since 2003. The acceleration of real wages even in slack seasons indicates that the era of surplus labor is over. This finding has important policy implications for China's future development. |
Series Name | IFPRI Discussion Paper |
Series Number | 977 |
Publisher | International Food Policy Research Institute (IFPRI) |
Place of publication | Washington, D.C. |
Language | English |
Record Type | Discussion paper |
Peer Reviewed - PR or Non-PR | Non-PR |
Subject - country location |
CHINA EAST ASIA ASIA |
Subject - keywords |
dual economy surplus labor Lewis model Labor market Supply and demand wage rates employment data Childcare and work Gender |
IFPRI Descriptors |
IFPRI1 GRP32 |
IFPRI Division | DSGD |
Access Rights | Open Access |
Related Documents | Journal article http://ebrary.ifpri.org/cdm/ref/collection/p15738coll5/id/207 |
Display Notes | Effective January 2007, the Discussion Paper series within each division and the Director General�s Office of IFPRI were merged into one IFPRI�wide Discussion Paper series. The new series begins with number 00689, reflecting the prior publication of 688 discussion papers within the dispersed series. The earlier series are available on IFPRI�s website at http://www.ifpri.org/publications/results/taxonomy%3A468. IFPRI Discussion Papers contain preliminary material and research results. They have not been subject to formal external reviews managed by IFPRI�s Publications Review Committee but have been reviewed by at least one internal and/or external reviewer. They are circulated in order to stimulate discussion and critical comment. |
LOC call number | IFPRIDP00977 |
Physical description | 22 pages |
IFPRI Web link | http://www.ifpri.org/publication/china-has-reached-lewis-turning-point |
RePEc Downloads | https://ideas.repec.org/p/fpr/ifprid/977.html |
Requests | mailto:ifpri-library@cgiar.org |
CONTENTdm file name | 1738.cpd |
Date cataloged | 2018-05-09 |
Date modified | 2018-05-09 |
OCLC number | 778453213 |
CONTENTdm number | 1737 |
Description
Title | ifpridp00977 15 |
Access Rights | Open Access |
CONTENTdm file name | 1724.pdfpage |
Date cataloged | 2017-08-11 |
Date modified | 2017-08-11 |
CONTENTdm number | 1723 |
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