The approach to transforming the traditional agricultural economy: a research on the multiple paths of poverty alleviation and transformation in rural China

Wei Zou () and Ziyin Zhuang
Additional contact information
Wei Zou: Department of Economics, School of Economics and Management, Wuhan University, Wuhan, 430072, China
Ziyin Zhuang: Department of Economics, School of Economics and Management, Wuhan University, Wuhan, 430072, China

Frontiers of Economics in China-Selected Publications from Chinese Universities, 2006, vol. 1, issue 2, 272-295

Abstract: Transforming a traditional agricultural economy into a modern economy is one of the main themes in economic development. Through theoretical and empirical analysis, this paper finds out that the key to transformation is to raise the economic value of people, to improve human capital investment and to match the stocks of physical and human capital. China s rural economy is on the edge of economic take-off, and different zones may pursue different paths for transformation. The source of rural poverty is not the scarcity of income or consumption, but the deficiency of education, social security, medical care and economic opportunity, which we define as capability poverty .

Keywords: economic growth; path for transformation; capability poverty (search for similar items in EconPapers)
JEL-codes: O11 O18 R11 (search for similar items in EconPapers)
Date: 2006
References: Add references at CitEc
Citations:

Downloads: (external link)
http://journal.hep.com.cn/fec/EN/10.1007/s11459-006-0009-2 (application/pdf)

Related works:
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:fec:journl:v:1:y:2006:i:2:p:272-295

Access Statistics for this article

Frontiers of Economics in China-Selected Publications from Chinese Universities is currently edited by LONG Jie

More articles in Frontiers of Economics in China-Selected Publications from Chinese Universities from Higher Education Press
Bibliographic data for series maintained by Frank H. Liu ().