Contraintes migratoires et développement. Hukou et accumulation du capital en République populaire de Chine

Thomas Vendryes

Revue économique, 2010, vol. 61, issue 3, 533-542

Abstract: The constraints on migration flows due to the hukou system have important implications for resources allocation in the People?s Republic of China. At the individual level, they act on rural people?s life cycle and on the allocation, not of their labor, but of their capital: if rural laborers, when young, are free to work wherever they wish, older, they are constrained to return to rural areas, and to invest there their savings. At the macroeconomic level, this article shows, through a simple model of a dual economy development with overlapping generations, that these constraints, despite an apparent suboptimality of resources allocation, hasten capital accumulation in China. Classification JEL : J61, O15, O24, P23.

JEL-codes: J61 O15 O24 P23 (search for similar items in EconPapers)
Date: 2010
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.cairn.info/load_pdf.php?ID_ARTICLE=RECO_613_0533 (application/pdf)
http://www.cairn.info/revue-economique-2010-3-page-533.htm (text/html)
free

Related works:
Working Paper: Contraintes migratoires et développement. Hukou et accumulation du capital en République populaire de Chine (2010)
Working Paper: Contraintes migratoires et développement. Hukou et accumulation du capital en République populaire de Chine (2010)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cai:recosp:reco_613_0533

Access Statistics for this article

More articles in Revue économique from Presses de Sciences-Po
Bibliographic data for series maintained by Jean-Baptiste de Vathaire ().