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Approaching a Triumphal Span: How Far Is China Towards its Lewisian Turning Point?

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  • Fang Cai

Abstract

With the aid of an analytical framework of the Lewis model revised to reflect the experience of China, this paper examines the country's dualistic economic development and its unique characteristics. The paper outlines the major effects of China's growth as achieved during the course of economic reform and the opening-up of the country: the exploitation of the demographic dividend, the realization of comparative advantage, the improvement of total factor productivity, and participation in economic globalization.

Suggested Citation

  • Fang Cai, 2008. "Approaching a Triumphal Span: How Far Is China Towards its Lewisian Turning Point?," WIDER Working Paper Series RP2008-09, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:rp2008-09
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    File URL: https://www.wider.unu.edu/sites/default/files/rp2008-09.pdf
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    Cited by:

    1. Michele Bruni & Claudio Tabacchi, 2011. "Present and Future of the Chinese Labour Market," Center for the Analysis of Public Policies (CAPP) 0083, Universita di Modena e Reggio Emilia, Dipartimento di Economia "Marco Biagi".
    2. Zhaopeng Frank Qu & Zhong Zhao, 2014. "Evolution of the Chinese rural-urban migrant labor market from 2002 to 2007," China Agricultural Economic Review, Emerald Group Publishing Limited, vol. 6(2), pages 316-334, April.
    3. Knight, John & Deng, Quheng & Li, Shi, 2011. "The puzzle of migrant labour shortage and rural labour surplus in China," China Economic Review, Elsevier, vol. 22(4), pages 585-600.
    4. Song, Xiaoqing & Wang, Xiong & Hu, Shougeng & Xiao, Renbin & Scheffran, Jürgen, 2022. "Functional transition of cultivated ecosystems: Underlying mechanisms and policy implications in China," Land Use Policy, Elsevier, vol. 119(C).
    5. Hao, Yu & Zhang, Zong-Yong & Yang, Chuxiao & Wu, Haitao, 2021. "Does structural labor change affect CO2 emissions? Theoretical and empirical evidence from China," Technological Forecasting and Social Change, Elsevier, vol. 171(C).
    6. Qu, Zhaopeng & Zhao, Zhong, 2017. "Glass ceiling effect in urban China: Wage inequality of rural-urban migrants during 2002–2007," China Economic Review, Elsevier, vol. 42(C), pages 118-144.

    More about this item

    Keywords

    Economic development; Factor proportions; Globalization; Restraint of trade; Sustainable development;
    All these keywords.

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