IDEAS home Printed from https://ideas.repec.org/a/taf/rcejxx/v3y2010i2p163-179.html
   My bibliography  Save this article

The Lewis turning point of Chinese economy: Comparison with Japanese experience

Author

Listed:
  • Ryoshin Minami
  • Xinxin Ma

Abstract

In this article, we estimate production function and calculate surplus labor in agriculture. The estimation results revealed that the Lewis turning point (LTP) was not yet passed in China. This study is also made in comparison with Japanese historical experience. The main contents are as follows. First, we survey the recent change in the urban labor market by using unemployment rate as an index to express the balance of labor demand and labor supply, and wage differentials between agriculture and urban industries with high productivity and high wages. Second, we estimate agricultural production function and calculate the marginal productivity of labor and surplus labor in order to demarcate LTP. Third, we reveal factors for the change in agricultural labor by referring to a growth in urban industry and argue on the role of rural industries in absorbing surplus labor. Finally, we refer to several important issues which are left for future studies.

Suggested Citation

  • Ryoshin Minami & Xinxin Ma, 2010. "The Lewis turning point of Chinese economy: Comparison with Japanese experience," China Economic Journal, Taylor & Francis Journals, vol. 3(2), pages 163-179.
    • Handle: RePEc:taf:rcejxx:v:3:y:2010:i:2:p:163-179
    DOI: 10.1080/17538963.2010.511912
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/17538963.2010.511912
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/17538963.2010.511912?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:rcejxx:v:3:y:2010:i:2:p:163-179. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/rcej .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.