期刊
INTERNATIONAL REVIEW OF ECONOMICS & FINANCE
卷 57, 期 -, 页码 198-210出版社
ELSEVIER SCIENCE BV
DOI: 10.1016/j.iref.2018.01.004
关键词
Labour reallocation; TFP growth; Wage differentials
资金
- Research & Development Administration Office of the University of Macau [RG043/09-10S/KF/FSH]
Building upon Temple and WoBmann (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 Keywords: output growth and that this effect is more evident in coastal areas of China. Implications of Labour reallocation structural transformation for other populous developing economies are discussed.
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