The Great Exodus
Purpose The purpose of this paper is to review the process of rural labor reallocation and unfolds its growth effect through sufficiently supplying human resources, preventing diminishing return to capital, and increasing labor productivity. Design/methodology/approach The author surveys literature...
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| Veröffentlicht in: | China agricultural economic review Jg. 10; H. 1; S. 3 - 15 |
|---|---|
| 1. Verfasser: | |
| Format: | Journal Article |
| Sprache: | Englisch Japanisch |
| Veröffentlicht: |
Bingley
Emerald Publishing Limited
05.02.2018
Emerald Group Publishing Limited |
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| ISSN: | 1756-137X, 1756-1388 |
| Online-Zugang: | Volltext |
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| Abstract | Purpose
The purpose of this paper is to review the process of rural labor reallocation and unfolds its growth effect through sufficiently supplying human resources, preventing diminishing return to capital, and increasing labor productivity.
Design/methodology/approach
The author surveys literature and statistics related to the subject to comprehensively picture the 40-year course of the shift and reallocation of agricultural surplus labor.
Findings
In the past 40 years, reforms in relevant areas have eliminated institutional barriers deterring labor mobility and allowed agricultural laborers to exit from low-productivity farming employment, migrate beyond rural-urban boundary and across regions, sectors, and ownerships, and enter higher productivity employment in non-agricultural sectors. As a result, resources allocative efficiency has been substantially improved, contributing a significant part to labor productivity growth and thus economic growth of the Chinese economy as a whole.
Social implications
To sustain this source of economic growth as far as China completes its transition from upper-middle income status to high-income status, deepening reforms is urgently needed. The author provides policy suggestions for further reform.
Originality/value
This paper enhances people’s understanding of the Chinese economic reform and its nature of efficiency and inclusion. |
|---|---|
| AbstractList | PurposeThe purpose of this paper is to review the process of rural labor reallocation and unfolds its growth effect through sufficiently supplying human resources, preventing diminishing return to capital, and increasing labor productivity.Design/methodology/approachThe author surveys literature and statistics related to the subject to comprehensively picture the 40-year course of the shift and reallocation of agricultural surplus labor.FindingsIn the past 40 years, reforms in relevant areas have eliminated institutional barriers deterring labor mobility and allowed agricultural laborers to exit from low-productivity farming employment, migrate beyond rural-urban boundary and across regions, sectors, and ownerships, and enter higher productivity employment in non-agricultural sectors. As a result, resources allocative efficiency has been substantially improved, contributing a significant part to labor productivity growth and thus economic growth of the Chinese economy as a whole.Social implicationsTo sustain this source of economic growth as far as China completes its transition from upper-middle income status to high-income status, deepening reforms is urgently needed. The author provides policy suggestions for further reform.Originality/valueThis paper enhances people’s understanding of the Chinese economic reform and its nature of efficiency and inclusion. Purpose The purpose of this paper is to review the process of rural labor reallocation and unfolds its growth effect through sufficiently supplying human resources, preventing diminishing return to capital, and increasing labor productivity. Design/methodology/approach The author surveys literature and statistics related to the subject to comprehensively picture the 40-year course of the shift and reallocation of agricultural surplus labor. Findings In the past 40 years, reforms in relevant areas have eliminated institutional barriers deterring labor mobility and allowed agricultural laborers to exit from low-productivity farming employment, migrate beyond rural-urban boundary and across regions, sectors, and ownerships, and enter higher productivity employment in non-agricultural sectors. As a result, resources allocative efficiency has been substantially improved, contributing a significant part to labor productivity growth and thus economic growth of the Chinese economy as a whole. Social implications To sustain this source of economic growth as far as China completes its transition from upper-middle income status to high-income status, deepening reforms is urgently needed. The author provides policy suggestions for further reform. Originality/value This paper enhances people’s understanding of the Chinese economic reform and its nature of efficiency and inclusion. |
| Author | Cai, Fang |
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| Keywords | Labour transfer Hukou system reform Resources reallocation Chinese economy |
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The purpose of this paper is to review the process of rural labor reallocation and unfolds its growth effect through sufficiently supplying human... PurposeThe purpose of this paper is to review the process of rural labor reallocation and unfolds its growth effect through sufficiently supplying human... |
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| SubjectTerms | Agricultural economics Agricultural industry Agricultural production Agriculture Allocative efficiency Capital Economic conditions Economic development Economic growth Economic models Economic reform Economics Employment Farmers Farming Farmworkers GDP Grain Gross Domestic Product Households Human resources Income Labor Labor economics Labor force participation Labor migration Labor productivity Labor supply Manual workers Migration Mobility Occupational mobility Poverty Productivity Rationing Reforms Rural areas Rural communities Shortages Statistics Urban areas |
| Title | The Great Exodus |
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