The “Lewis Turning Point” in China and its implication for the emergence of a “Middle Income Trap”: Evidence from provincial data

John Hicks; Claire Harvey

doi:10.20472/IAC.2018.040.025

The “Lewis Turning Point” in China and its implication for the emergence of a “Middle Income Trap”: Evidence from provincial data

John Hicks, Claire Harvey

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Research output: Book chapter/Published conference paper › Conference paper › peer-review

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Abstract

Economic development in China has major implications for the world economy. A China which pushes on to become a high income economy will command considerable influence on the world stage. However, to the extent that China is caught in a middle income trap (MIT), that influence may be mitigated. The literature suggests that the emergence of the Lewis Turning Point (LTP) will signal the possible onset of a MIT. This paper, therefore, pursues the question of whether or not a LTP has been reached in China – an issue of some debate in the literature – through the application of provincial data to a simple fixed effects econometric model designed to detect the presence of a LTP.

Original language	English
Title of host publication	Proceedings of the 40th international academic conference, Stockholm
Editors	Jiri Rotschedl, Klara Cermakova
Place of Publication	Czech Republic
Publisher	International Institute of Social and Economic Sciences
Pages	116-124
Number of pages	9
ISBN (Electronic)	9788087927670
DOIs	https://doi.org/10.20472/IAC.2018.040.025
Publication status	Published - 2018
Event	40th International Academic Conference - Ersta Sköndal Bräcke University College, Stockholm, Sweden Duration: 25 Jun 2018 → 28 Jun 2018 https://www.iises.net/past-conferences/academic/40th-international-academic-conference-stockholm

Conference

Conference	40th International Academic Conference
Country/Territory	Sweden
City	Stockholm
Period	25/06/18 → 28/06/18
Internet address	https://www.iises.net/past-conferences/academic/40th-international-academic-conference-stockholm

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Hicks, J., & Harvey, C. (2018). The “Lewis Turning Point” in China and its implication for the emergence of a “Middle Income Trap”: Evidence from provincial data. In J. Rotschedl, & K. Cermakova (Eds.), Proceedings of the 40th international academic conference, Stockholm (pp. 116-124). International Institute of Social and Economic Sciences. https://doi.org/10.20472/IAC.2018.040.025

Hicks, John ; Harvey, Claire. / The “Lewis Turning Point” in China and its implication for the emergence of a “Middle Income Trap” : Evidence from provincial data. Proceedings of the 40th international academic conference, Stockholm. editor / Jiri Rotschedl ; Klara Cermakova. Czech Republic : International Institute of Social and Economic Sciences, 2018. pp. 116-124

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title = "The “Lewis Turning Point” in China and its implication for the emergence of a “Middle Income Trap”: Evidence from provincial data",

abstract = "Economic development in China has major implications for the world economy. A China which pushes on to become a high income economy will command considerable influence on the world stage. However, to the extent that China is caught in a middle income trap (MIT), that influence may be mitigated. The literature suggests that the emergence of the Lewis Turning Point (LTP) will signal the possible onset of a MIT. This paper, therefore, pursues the question of whether or not a LTP has been reached in China – an issue of some debate in the literature – through the application of provincial data to a simple fixed effects econometric model designed to detect the presence of a LTP.",

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Hicks, J & Harvey, C 2018, The “Lewis Turning Point” in China and its implication for the emergence of a “Middle Income Trap”: Evidence from provincial data. in J Rotschedl & K Cermakova (eds), Proceedings of the 40th international academic conference, Stockholm. International Institute of Social and Economic Sciences, Czech Republic, pp. 116-124, 40th International Academic Conference, Stockholm, Sweden, 25/06/18. https://doi.org/10.20472/IAC.2018.040.025

The “Lewis Turning Point” in China and its implication for the emergence of a “Middle Income Trap”: Evidence from provincial data. / Hicks, John ; Harvey, Claire.
Proceedings of the 40th international academic conference, Stockholm. ed. / Jiri Rotschedl; Klara Cermakova. Czech Republic: International Institute of Social and Economic Sciences, 2018. p. 116-124.

Research output: Book chapter/Published conference paper › Conference paper › peer-review

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AU - Harvey, Claire

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N2 - Economic development in China has major implications for the world economy. A China which pushes on to become a high income economy will command considerable influence on the world stage. However, to the extent that China is caught in a middle income trap (MIT), that influence may be mitigated. The literature suggests that the emergence of the Lewis Turning Point (LTP) will signal the possible onset of a MIT. This paper, therefore, pursues the question of whether or not a LTP has been reached in China – an issue of some debate in the literature – through the application of provincial data to a simple fixed effects econometric model designed to detect the presence of a LTP.

AB - Economic development in China has major implications for the world economy. A China which pushes on to become a high income economy will command considerable influence on the world stage. However, to the extent that China is caught in a middle income trap (MIT), that influence may be mitigated. The literature suggests that the emergence of the Lewis Turning Point (LTP) will signal the possible onset of a MIT. This paper, therefore, pursues the question of whether or not a LTP has been reached in China – an issue of some debate in the literature – through the application of provincial data to a simple fixed effects econometric model designed to detect the presence of a LTP.

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Hicks J , Harvey C. The “Lewis Turning Point” in China and its implication for the emergence of a “Middle Income Trap”: Evidence from provincial data. In Rotschedl J, Cermakova K, editors, Proceedings of the 40th international academic conference, Stockholm. Czech Republic: International Institute of Social and Economic Sciences. 2018. p. 116-124 doi: 10.20472/IAC.2018.040.025

The “Lewis Turning Point” in China and its implication for the emergence of a “Middle Income Trap”: Evidence from provincial data

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