Human Capital, Economic Growth, and Inequality in China
AbstractChina's rapid growth was fueled by substantial physical capital investments applied to a large stock of medium skilled labor acquired before economic reforms began. As development proceeded, the demand for high skilled labor has grown, and, in the past decade, China has made substantial investments in producing it. The egalitarian access to medium skilled education characteristic of the pre-reform era has given rise to substantial inequality in access to higher levels of education. China's growth will be fostered by expanding access to all levels of education, reducing impediments to labor mobility, and expanding the private sector.
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Bibliographic InfoPaper provided by Institute for the Study of Labor (IZA) in its series IZA Discussion Papers with number 6550.
Length: 12 pages
Date of creation: May 2012
Date of revision:
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Other versions of this item:
- James J. Heckman & Junjian Yi, 2012. "Human Capital, Economic Growth, and Inequality in China," NBER Working Papers 18100, National Bureau of Economic Research, Inc.
- I25 - Health, Education, and Welfare - - Education - - - Education and Economic Development
- J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
- O15 - Economic Development, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-05-22 (All new papers)
- NEP-DEV-2012-05-22 (Development)
- NEP-LAB-2012-05-22 (Labour Economics)
- NEP-LTV-2012-05-22 (Unemployment, Inequality & Poverty)
- NEP-TRA-2012-05-22 (Transition Economics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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IZA Discussion Papers
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