China's Rural Labor Migration and Its Economic Development. Xiaoguang Liu
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СКАЧАТЬ teaching experience at the National Academy of Development and Strategy, RUC, such as Hu Naiwu, Yang Ruilong, Liu Fengliang, Mao Zhenhua, Yang Guangbin, Guojie, Radar, Yanyan, Nie Huihua, Wang Jinbin, Zheng Xinye, Chen Yanbin, Zheng Chaoyu, Wang Lili, Wu Cong, Zhang Jie, Luo Laijun, Taoran, Li Yong, Yu Chunhai, Yinheng, Ding Shouhai, Fan Zhiyong, Yu Ze, Sun Wenkai, Wang Xiaosong, Liu Ruiming, Feng Junxin, Yu Yihua, Xia Xiao Hua, Liu Xiaolu, Zhao Yong, Chen Zhanming, Songlu, Liu Kai and Lin Xuelin.

      I would also like to thank the National Academy of Development and Strategy for funding, all my colleagues for their strong support and Wang Cheng, editor of the China Social Sciences Press, and his colleagues, for their meticulous editing and proofreading.

      Last but not least, I would like to express my special thanks to my supervisor, professor Lu Feng, who guided me to complete my doctoral dissertation and embark on the right academic path with his rigorous scholarship and generous manner; professor Liu Yuanchun, who encouraged me to deepen my research and compile it into a book, and brought me to the ideal path of serving my country through scientific research with his lofty patriotism of governing and benefiting the people. Besides, special thanks are given to the members of my family for their quiet support, as they always give me strength and allow me to march forward regardless of the hardships.

      Liu Xiaoguang

      Research Building of Renmin University of China January 2017

       Contents

       Foreword

       Preface

       About the Author

       About the Translator

       Acknowledgments

       Chapter 1 Introduction

       I. Characteristics of China’s Economy

       1. The riddle of China’s rising return on capital

       2. The riddle of China’s rising savings rate

       3. The riddle of “Okun’s Law” not being applicable to China

       II. The Understanding of China’s Economy from the Perspective of the Transfer of Agricultural Labor

       Chapter 2 Overview of the Transfer of Agricultural Labor

       I. The Evolution of the Transfer of Agricultural Labor

       II. Driving Factors for the Transfer of Agricultural Labor

       1. Econometric model, regression variables and data description

       2. The results of the empirical analysis

       3. Brief conclusions

       III. Technical Support for the Transfer of Agricultural Labor: The Revolution in Labor Productivity

       1. The productivity of agricultural labor measured by added value

       2. The productivity of agricultural labor measured by physical quantity

       3. Brief comments

       IV. Summary

       Chapter 3 The Enigma of the Transfer of Agricultural Labor and the Rising Return on Capital

       I. Introduction

       II. Review and Discussion of the Literature

       III. Theoretical Model

       1. Model specification

       2. Equilibrium analysis

       IV. Empirical Analysis

       1. General measure of the technology spillover effect

       2. China’s technology spillover effect and its rising return on capital

       V. Recent Performance of China’s Return on Capital

       VI. Conclusions

       Chapter 4 Riddle of the Transfer of Agricultural Labor and the Rise of the Rate of Household Saving in China

       I. Introduction

       II. Review of the literature

       III. Theoretical Model

       1. Production

       2. Preference

       3. Equilibrium

       IV. Analysis of the Economic Significance

       V. Conclusions

       Chapter 5 The Transfer of Agricultural Labor and the Okun Relationship in China

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