China has reached the Lewis turning point
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 tot...
| Main Authors: | , , |
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| Format: | Artículo preliminar |
| Language: | Inglés |
| Published: |
International Food Policy Research Institute
2010
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| Subjects: | |
| Online Access: | https://hdl.handle.net/10568/153558 |
| _version_ | 1855535245634306048 |
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| author | Zhang, Xiaobo Yang, Jin Wang, Shenglin |
| author_browse | Wang, Shenglin Yang, Jin Zhang, Xiaobo |
| author_facet | Zhang, Xiaobo Yang, Jin Wang, Shenglin |
| author_sort | Zhang, Xiaobo |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | 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. |
| format | Artículo preliminar |
| id | CGSpace153558 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2010 |
| publishDateRange | 2010 |
| publishDateSort | 2010 |
| publisher | International Food Policy Research Institute |
| publisherStr | International Food Policy Research Institute |
| record_format | dspace |
| spelling | CGSpace1535582025-11-06T07:15:09Z China has reached the Lewis turning point Zhang, Xiaobo Yang, Jin Wang, Shenglin economic dualism surpluses models labour market supply balance remuneration child care gender 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. 2010 2024-10-01T13:56:38Z 2024-10-01T13:56:38Z Working Paper https://hdl.handle.net/10568/153558 en https://doi.org/10.1016/j.chieco.2011.07.002 Open Access application/pdf International Food Policy Research Institute Zhang, Xiaobo; Yang, Jin; Wang, Shenglin. 2010. China has reached the Lewis turning point. IFPRI Discussion Paper 977. https://hdl.handle.net/10568/153558 |
| spellingShingle | economic dualism surpluses models labour market supply balance remuneration child care gender Zhang, Xiaobo Yang, Jin Wang, Shenglin China has reached the Lewis turning point |
| title | China has reached the Lewis turning point |
| title_full | China has reached the Lewis turning point |
| title_fullStr | China has reached the Lewis turning point |
| title_full_unstemmed | China has reached the Lewis turning point |
| title_short | China has reached the Lewis turning point |
| title_sort | china has reached the lewis turning point |
| topic | economic dualism surpluses models labour market supply balance remuneration child care gender |
| url | https://hdl.handle.net/10568/153558 |
| work_keys_str_mv | AT zhangxiaobo chinahasreachedthelewisturningpoint AT yangjin chinahasreachedthelewisturningpoint AT wangshenglin chinahasreachedthelewisturningpoint |