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LABOR MARKET DISTORTIONS, RURAL-URBAN INEQUALITY AND THE OPENING OF CHINA'S ECONOMY AgEcon
Zhai, Fan; Hertel, Thomas W.; Wang, Zhi.
This paper evaluates the impact of some key labor market reforms on rural-urban inequality and income distribution, using a household-disaggregated, recursive dynamic computable general equilibrium (CGE) model of China. We also explore how these factor market reforms interact with product market reforms currently underway as part of China's WTO accession process. The simulation results show that the reforms in rural land rental market and Hukou system, as well as increasing off-farm labor mobility would reduce the urban-rural income ratio dramatically. Furthermore, the combination of WTO accession and factor market reforms improves both efficiency and equality significantly.
Tipo: Working or Discussion Paper Palavras-chave: Community/Rural/Urban Development; Labor and Human Capital.
Ano: 2003 URL: http://purl.umn.edu/28688
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Economic and Poverty Impacts of Agricultural, Trade and Factor Market Reforms in China AgEcon
Zhai, Fan; Hertel, Thomas W..
Capitalizing on the most recent estimates of agricultural price distortions in China and in other countries, this paper assesses the economic and poverty impact of global and domestic trade reform in China. It also examines the interplay between the trade reforms and factor market reforms aimed at improving the allocation of labor within the Chinese economy. The results suggest that trade reforms in the rest of the world, land reform and hukou reform all serve to reduce poverty, while unilateral trade reforms result in a small poverty increase. Agricultural distortions are important factors in determining the distributional and poverty effects of trade reform packages, although their impacts on aggregate trade and welfare appear to be small. A...
Tipo: Working or Discussion Paper Palavras-chave: Distorted incentives; Agricultural and trade policy reforms; National agricultural development; Agricultural and Food Policy; International Relations/Trade; F13; F14; Q17; Q18.
Ano: 2009 URL: http://purl.umn.edu/52787
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