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versus China, in assessing the detail of the contribution of sectoral mean and inequality evolution to overall inequality …
Persistent link: https://www.econbiz.de/10011631507
This paper aims to provide a critical overview of the drivers that the relevant theoretical and empirical literature suggests being crucial in dealing with the challenges an emerging country may encounter in its attempts to further catch-up a higher income status, with a particular focus devoted...
Persistent link: https://www.econbiz.de/10011916217
Different models of protection against labor market risks are associated with diverging models of economic performance. Historically established institutional complementarities between labor market regulation, unemployment protection, and vocational training tend to mirror specific national...
Persistent link: https://www.econbiz.de/10003860657
The process of economic development is characterized by substantial rural-urban migrations and a decreasing share of agriculture in output and employment. The literature highlights two main engines behind this process of structural change: (i) improvements in agricultural technology combined...
Persistent link: https://www.econbiz.de/10003858873
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We document dramatic rising wages in China for the period 1978-2007 based on multiple sources of aggregate statistics …-intensive and labor-intensive industries have widened. Comparisons of international data show that China's manufacturing wage has … already converged to that of Asian emerging markets, but China still enjoys enormous labor cost advantages over its …
Persistent link: https://www.econbiz.de/10003976837
Fifty years ago, China sent more than 16 million urban youths aged 16-19 to rural villages to work and they spent …
Persistent link: https://www.econbiz.de/10014525019
China's rapid growth was fueled by substantial physical capital investments applied to a large stock of medium skilled … the past decade, China has made substantial investments in producing it. The egalitarian access to medium skilled …. China's growth will be fostered by expanding access to all levels of education, reducing impediments to labor mobility, and …
Persistent link: https://www.econbiz.de/10009537580