Ross Garnaut's Introductory Remarks as moderator of Session 7B: China- of the Turning Point Debating the Lewis Turning Point in China Conference, Through most of China s reform period, returns to capital remained extraordinarily high (Bai et al. 2006). After the Lewis turning point characterised labour shortage and wage inflation, 6 returns to capital have rapidly diminished (Lewis 1954; Bai and Zhang 2014). Economists are fiercely debating whether China has reached the Lewis turning point where the marginal product of labour matches the paid wage. For example Debating the Lewis Turning Point in China 2013-11-08 12:40:40 2013-06-15 10:19:05 >> 2018-09-21 09:07:00 Debating the Lewis Turning Point in China,:, 168 pages; The required rebalancing of the Chinese economy appears challenging as it The end of cheap labor and the Lewis turning point Economists have been discussing the implications of the rise of the intangible economy in Although there are numerous studies on the debate about whether China has passed has passed or not passed the Lewis turning point is not well specified. assess likely impacts of the Lewis turning point on China and the rest of the world Leaving aside the interesting debate about the exact timing leading to a debate about whether a Lewis turning point has been reached. Garnaut and Li (2006) edited a book The Turning Point in China s Economic Development discussing China s economic transformation. The China Economic Journal published a special issue (Volume 3, Issue 2, 2010) debating the Lewis turning point in China. The What is 'Lewis turning point' and its importance for China many researchers to debate whether the Lewis turning point had been reached. types of turning points, which have important implications for empirical studies. Sixth, a scenario for Chinese Studies at The University of Manchester. Jenifer Peisse is Discussion and debate on the ramifications of Lewis'. Debating China s Lewis Turning Point, with Fang Cai (guest editors), special issue, China Economic Journal, 2010, Growing Beyond the Low Cost Advantage: Can the People s Republic of China Avoid the Middle-Income Trap with Juzhong Zhuang and Paul Four Topics on Wage Changes in the Chinese Economy Cai Fang Wang Meiyan 1. The Overall Trends of Wages in China Foxconn, the world biggest manufacturer of electronic products, took the lead in wage rising, with one-off increase in compensation over 30% after being blamed for twelve cases of chain suicide of its employees. Debating China s Lewis Turning Point, with Fang Cai (guest editors), special issue, China Economic Journal, 2010, Growing Beyond the Low Cost Advantage: Can the People s Republic of China Economists are fiercely debating whether China has reached the Lewis turning point where the marginal product of labour matches the paid wage. For example, Ba (2011) argued that China has already passed the Lewis turning point while Cai (2007) claimed that the rural surplus labourers below 40 58 million or 11.7 amounted to percent at most. 7.3 Phases in China's economic development and the turning points.There are very few recent studies discussing China's economic growth and labour. DEBATE. OVER. INCOME. DISTRIBUTION. Based on the Kuznets hypothesis in China shows any new trend corresponding to the Lewis Turning Point, there (1) Chinese cities have been benefiting from rural migrant workers (RMWs) with poorly-protected labour rights since the economic reforms, but the flow of workers has been slowing down. In fact, China is said to have reached the Lewis Turning Point (the curve is the dependency ratio, and the vertical line the Lewis Turning Point): (4) DILEMMA DOES CHINA FACE AT ITS LEWIS TURNING POINT? In the 1960s, the debate about when Japan had reached its Lewis turning point was well 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 This article draws from the wealth of literature surrounding China's role in In particular it focuses on the debate regarding China's Lewis turning point and eTextbook 978-0415833455 Debating the Lewis Turning Point in China. Reviews There are no reviews yet. Be the first to review eTextbook 978-0415833455 Debating the Lewis Turning Point in China surplus labour and lewis turning points in china FT Series. Implications for wage levels and the Chinese economy, the current debates yield Semantic Scholar extracted view of "Debating the Lewis turning point in China" Yiping Huang. Cai, Fang (2008a). Lewis Turning Point: A Coming New Stage of China's China: Notes on a Debate, Population and Development Review, Vol. 36. No. 2, pp. As China passes through its Lewis turning point characterized first the scenario: the labor market in China after the Lewis turning point. Fang Cai Gu B, Li J: The debate on China's population policy in the 21st century. Pris: 1659 kr. Inbunden, 2013. Skickas inom 11-20 vardagar. Köp Debating the Lewis Turning Point in China av Yiping Huang, Fang Cai på. will cease to exist. While debating the Lewis turning point, Ross Garnaut (2010) suggests using the phrase Lewis turning period instead of Lewis turning point, so that the feature of China s regional heterogeneity can be captured. Accepting this advice, we consider 2004, the year in which labour shortages first appeared What does the Lewis Turning Point mean for China? The current debates yield conflicting results as to whether the Lewis turning point has been reached. CHINA: THE GROWTH DEBATE. The Chinese growth debate is not a new one 2 The Lewis turning point, named for the 1979 Nobel Laureate for. Income distribution in China has many faces: it has taken the shape of a In particular, falling labour/wages share of GDP has turned into one of the most
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