The ?Lewis Turning Point? in China and its implication for the emergence of a ?Middle Income Trap?: evidence from provincial data

John Hicks () and Claire Harvey ()
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John Hicks: Charles Sturt University
Claire Harvey: Charles Sturt University

No 6509500, Proceedings of International Academic Conferences from International Institute of Social and Economic Sciences

Abstract: Economic development in China has major implications for the world economy. A China which pushes on to become a high income economy will command considerable influence on the world stage. However, to the extent that China is caught in a middle income trap (MIT), that influence may be mitigated. The literature suggests that the emergence of the Lewis Turning Point (LTP) will signal the possible onset of a MIT. This paper, therefore, pursues the question of whether or not a LTP has been reached in China ? an issue of some debate in the literature ? through the application of provincial data to a simple fixed effects econometric model designed to detect the presence of a LTP.

Keywords: Middle Income Trap; Lewis Turning Point; China (search for similar items in EconPapers)
JEL-codes: O10 (search for similar items in EconPapers)
Pages: 9 pages
Date: 2018-07
New Economics Papers: this item is included in nep-tra
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Published in Proceedings of the Proceedings of the 40th International Academic Conference, Stockholm, Jul 2018, pages 116-124

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Persistent link: https://EconPapers.repec.org/RePEc:sek:iacpro:6509500

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