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The ?Lewis Turning Point? in China and its implication for the emergence of a ?Middle Income Trap?: evidence from provincial data

Author

Listed:
  • John Hicks

    (Charles Sturt University)

  • Claire Harvey

    (Charles Sturt University)

Abstract

Economic development in China has major implications for the world economy. A China which pushes on to become a high income economy will command considerable influence on the world stage. However, to the extent that China is caught in a middle income trap (MIT), that influence may be mitigated. The literature suggests that the emergence of the Lewis Turning Point (LTP) will signal the possible onset of a MIT. This paper, therefore, pursues the question of whether or not a LTP has been reached in China ? an issue of some debate in the literature ? through the application of provincial data to a simple fixed effects econometric model designed to detect the presence of a LTP.

Suggested Citation

  • John Hicks & Claire Harvey, 2018. "The ?Lewis Turning Point? in China and its implication for the emergence of a ?Middle Income Trap?: evidence from provincial data," Proceedings of International Academic Conferences 6509500, International Institute of Social and Economic Sciences.
  • Handle: RePEc:sek:iacpro:6509500
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    File URL: https://iises.net/proceedings/40th-international-academic-conference-stockholm/table-of-content/detail?cid=65&iid=025&rid=9500
    File Function: First version, 2018
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    More about this item

    Keywords

    Middle Income Trap; Lewis Turning Point; China;
    All these keywords.

    JEL classification:

    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General

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