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Labor Market Distortions, Rural-Urban Inequality, and the Opening of China's Economy
Fan ZhaiThomas W. Hertel
出版World Bank Publications, 2004
ISBN20041216109782004121615
URLhttp://books.google.com.hk/books?id=HiT7halGErEC&hl=&source=gbs_api
EBookSAMPLE
註釋"Hertel and Zhai evaluate the impact of two key factor market distortions in China on rural-urban inequality and income distribution. They find that creation of a fully functioning land market has a significant impact on rural-urban inequality. This reform permits agricultural households to focus solely on the differential between farm and nonfarm returns to labor in determining whether to work on or off-farm. This gives rise to an additional 10 million people moving out of agriculture by 2007 and lends a significant boost to the incomes of those remaining in agriculture. This off-farm migration also contributes to a significant rise in rural-urban migration, thereby lowering urban wages, particularly for unskilled workers. As a consequence, rural-urban inequality declines significantly