Labour Shortages in China’s Dual-Sector Economy: Has the world’s workshop exhausted its comparative advantage – people?
In 2004, acute labour shortages were first observed in labour-intensive export-processing sectors in China’s coastal provinces. Paired with rising wages in rural and urban areas, many economists have claimed China has reached its Lewis Turning Point of economic development. This dissertation reviews these claims by context-testing Lewisian theory, and finds little evidence to suggest China has met