An Empirical Analysis of China's Dualistic Economic Development: 1965-2009
We analyze China's rapid economic development in the context of the dualistic development theory. Over the period 1965-2009, we find that China's economic growth is mainly attributable to the development of the non-agricultural (industrial and service) sector, driven by rapid labor migration and capital accumulation.We find that the sectoral reallocation of labor plays a significant role in promoting China's economic growth. Further, we find that the marginal productivity of agricultural labor...[Show more]
|Collections||ANU Research Publications|
|Source:||Asian Economic Papers|
|01_Ercolani_An_Empirical_Analysis_of_2011.pdf||637.53 kB||Adobe PDF||Request a copy|
Items in Open Research are protected by copyright, with all rights reserved, unless otherwise indicated.