Essays about: "Lewis Turning Point"

Found 2 essays containing the words Lewis Turning Point.

1. 1. Labour Shortages in China’s Dual-Sector Economy: Has the world’s workshop exhausted its comparative advantage – people?

   University essay from Lunds universitet/Ekonomisk-historiska institutionen

   Author : Elise Park; [2017]
   Keywords : Lewis Turning Point; China; Labour Shortages; Economic Development; Social Sciences;

   Abstract : In 2004, acute labour shortages were first observed in labour-intensive export-processing sectors in China’s coastal provinces. Paired with rising wages in rural and urban areas, many economists have claimed China has reached its Lewis Turning Point of economic development. READ MORE

3. 2. Has China passed its Lewis Turning Point? - A study of regional variation

   University essay from Lunds universitet/Nationalekonomiska institutionen

   Author : Erik Corsman; [2015]
   Keywords : empirical analysis; regional variation; China; Lewis turning point; Business and Economics;

   Abstract : This paper examins the dynamic relationship between the supply of labor and wages in the Chinese agricultural sector using the Lewis model. The Lewis model predicts that as economic growth takes of in a low-income country, wokers will move from the industrial sector and at a certain point called "the Lewis turning point" surplus lbor in the agricultural sector will be depleted and this will lead to sharply increased wages. READ MORE