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Human capital, economic growth, and inequality in China

Author: James J Heckman; Junjian Yi; National Bureau of Economic Research.
Publisher: Cambridge, Mass. : National Bureau of Economic Research, ©2012.
Series: Working paper series (National Bureau of Economic Research), no. 18100.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Database:WorldCat
Summary:
China's rapid growth was fueled by substantial physical capital investments applied to a large stock of medium skilled labor acquired before economic reforms began. As development proceeded, the demand for high skilled labor has grown, and, in the past decade, China has made substantial investments in producing it. The egalitarian access to medium skilled education characteristic of the pre-reform era has given rise  Read more...
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Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: James J Heckman; Junjian Yi; National Bureau of Economic Research.
OCLC Number: 794501673
Notes: Title from http://www.nber.org/papers/18100 viewed May 30, 2012.
"May 2012."
Description: 1 online resource (10 pages).
Series Title: Working paper series (National Bureau of Economic Research), no. 18100.
Responsibility: James J. Heckman, Junjian Yi.

Abstract:

China's rapid growth was fueled by substantial physical capital investments applied to a large stock of medium skilled labor acquired before economic reforms began. As development proceeded, the demand for high skilled labor has grown, and, in the past decade, China has made substantial investments in producing it. The egalitarian access to medium skilled education characteristic of the pre-reform era has given rise to substantial inequality in access to higher levels of education. China's growth will be fostered by expanding access to all levels of education, reducing impediments to labor mobility, and expanding the private sector.

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