Has the Chinese economy passed the Lewis turning point?

Deqiang Liu

Journal of the Asia Pacific Economy, 2015, vol. 20, issue 3, 404-422

Abstract: There are a number of studies related to whether China's economy has passed through the Lewis turning point or not. However, definitive conclusions have yet to be obtained. Some studies argue that China's economy has not yet reached the Lewis turning point, while some studies claim that China's economy has crossed it already. In this study, we estimate the marginal productivity of labor in China's primary industry based on province level data and suggest a different proxy for the survival wage compared to previous studies. We discovered that China's economy has passed through the Lewis turning point around 2002–2004. A similar conclusion was also obtained by relating the substitutive relation of labor and capital inputs in China's agricultural production.

Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://hdl.handle.net/10.1080/13547860.2015.1054167 (text/html)
Access to full text is restricted to subscribers.

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:taf:rjapxx:v:20:y:2015:i:3:p:404-422

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/rjap20

DOI: 10.1080/13547860.2015.1054167

Access Statistics for this article

Journal of the Asia Pacific Economy is currently edited by Leong Liew

More articles in Journal of the Asia Pacific Economy from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().