Edited by Huang Yiping and Cai Fang
Publisher: Routledge; 2013
Has China's labor market passed the turning point and thus entered a period of labor shortage?This has been one of the most controversial subjects in economic studies and policy discussion in recent years.This volume brings together studies by a group of prominent Chinese and foreign economists at the forefront of this debate.It includes analyses both in support of and against the case that China has passed the Lewis turning point.Several studies also draw important implications of this change for macroeconomic conditions,growth outlook and economic structure.
This book was originally published as a special issue of the China Economic Journal.
Notes on Contributiors
1.Approaching a neoclassical scenario:the labor market in China
after the Lewis turning point
2.Demographic transition,demographic dividend,and Lewis
turning point in China
3.Discussions on potential bias and implications of Lewis
Yang Du and Wang Meiyan
4.The rise of labor cost and the fall of labor input:Has China
reached Lewis turning point?
5.Has China passed the Lewis turning point?A structural
estimation based on provincial data
Yang Yao and Ke Zhang
6.The Lewis turning point of Chinese economy:Comparison
with Japanese experience
Ryoshin Minami and Xinxin Ma
7.Macro-economic implications of the turning point
8.What does the Lewis turning point mean for China?A
computable general equilibrium analysis
Yiping Huang and Tingsong Jiang
9.Will Chinese growth slow after the Lewis turning point?
Ligang Song and Yongsheng Zhang
10.Labor market conditions and the growth models:
China's Transition toward 'normal development'
Yiping Huang and Fang Cai