Labour reallocation, productivity growth and dualism: The case of China
Kwan,Fung1; Zhang,Yang2; Zhuo,Shuaihe3
Source PublicationInternational Review of Economics and Finance

Building upon Temple and Wöβmann (2006), we propose a three-sector model to identify the role of labour reallocation to the growth of total factor productivity (TFP) in China since the 1980s. Based on System Generalized Methods of Moments (GMM) dynamic panel data models and a newly-developed provincial human capital stock dataset, our results show that labour reallocation from agriculture to rural non-agriculture is more important than the urban counterparts to output growth and that this effect is more evident in coastal areas of China. Implications of structural transformation for other populous developing economies are discussed.

KeywordLabour Reallocation Tfp Growth Wage Differentials
URLView the original
WOS Research AreaBusiness & Economics
WOS SubjectBusiness, Finance ; Economics
WOS IDWOS:000448230300017
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Cited Times [WOS]:3   [WOS Record]     [Related Records in WOS]
Document TypeJournal article
Corresponding AuthorZhuo,Shuaihe
Affiliation1.Department of EconomicsUniversity of Macau,Taipa,Macao
2.Department of Finance and Business EconomicsUniversity of Macau,Taipa,Macao
3.School of BusinessMacau University of Science and Technology,Taipa,Macao
First Author AffilicationUniversity of Macau
Corresponding Author AffilicationUniversity of Macau
Recommended Citation
GB/T 7714
Kwan,Fung,Zhang,Yang,Zhuo,Shuaihe. Labour reallocation, productivity growth and dualism: The case of China[J]. International Review of Economics and Finance,2018,57:198-210.
APA Kwan,Fung,Zhang,Yang,&Zhuo,Shuaihe.(2018).Labour reallocation, productivity growth and dualism: The case of China.International Review of Economics and Finance,57,198-210.
MLA Kwan,Fung,et al."Labour reallocation, productivity growth and dualism: The case of China".International Review of Economics and Finance 57(2018):198-210.
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