| ID | 117919 |
| Title Proper | Surplus labour and Lewis turning points in China |
| Language | ENG |
| Author | Wang, Xiaobing ; Weaver, Nick |
| Publication | 2013. |
| Summary / Abstract (Note) | It has been widely recognised that China has had a large pool of surplus labour. However, despite its significant implications for wage levels and the Chinese economy, the current debates yield conflicting results as to whether a Lewis turning point has been reached. This paper clarifies a theoretical issue about the mechanisms of surplus labour absorption, subsequently indentifies two Lewis turning points and examines the factors that affect the reaching of these two points. It then applies the framework to China to study the labour absorption process and examines some of the likely implications of the removal of the Hukou system in terms of welfare and economic performance. |
| `In' analytical Note | Journal of Chinese Economics and Business Studies Vol. 11, No. 1; Feb 2013: p.1-12 |
| Journal Source | Journal of Chinese Economics and Business Studies Vol. 11, No. 1; Feb 2013: p.1-12 |
| Key Words | Dual Economy ; Surplus Labour ; Lewis Turning Point ; China |