Arbeitspapier

Openness and urbanization: The case of the People's Republic of China

Urbanization usually occurs with structural transformation driven by a "push" from agricultural productivity growth and a "pull" from industrial productivity growth, and usually the former exceeds the latter. This paper presents a simple model to illustrate how the open policy in the People's Republic of China (PRC) since 1979 reversed the pattern such that the "pull" effect dominated the "push" effect during the PRC's structural transformation and urbanization. This model helps explain why the PRC, whose industrial productivity growth exceeds its agricultural productivity growth, has experienced a standard pattern of structural transformation. The paper also demonstrates how a developing country's business services intensity increases with its urbanization.

Sprache
Englisch

Erschienen in
Series: ADBI Working Paper ; No. 561

Klassifikation
Wirtschaft
Industrial Organization and Macroeconomics: Industrial Structure and Structural Change; Industrial Price Indices
Industrialization; Manufacturing and Service Industries; Choice of Technology
Economic Growth and Aggregate Productivity: General
Thema
urbanization
structural transformation
industrial productivity growth
People's Republic of China

Ereignis
Geistige Schöpfung
(wer)
Lo, Chu-Ping
Ereignis
Veröffentlichung
(wer)
Asian Development Bank Institute (ADBI)
(wo)
Tokyo
(wann)
2016

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Lo, Chu-Ping
  • Asian Development Bank Institute (ADBI)

Entstanden

  • 2016

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