As China passes through its Lewis turning point characterized first by the appearance of a labor shortage and a …

We apply a computable general equilibrium framework to assess likely impacts of the Lewis turning point on China and … the rest of the world. Modeling results suggest that China will probably transition from an abnormal economy to a normal … framework. China would lose competitiveness in laborintensive activities, its current account surplus should fall but …

It has been widely recognized that China has had a large pool of surplus labour. However, despite its significant … points. It then applies the framework to China to study the labour absorption process and examines the implications of the …