The Realization of Lewis Turning Point Is Seen from the Labor Production Efficiency of Urban and Rural Sectors
—A Statistical Study Based on Data ()
ABSTRACT
This paper aims to provide a new understanding of the current state of China’s primary and secondary industries and the urban-rural dual structure. The study uses GDP data, employment data, and urbanization rates from 31 provinces between 1990 and 2022, and employs a threshold effect model for statistical analysis. The results indicate that urbanization, once reaching a certain threshold, positively affects labor productivity in the primary industry, shifting from negative influence. Meanwhile, although the secondary industry maintains a positive influence, a significant decline is observed at higher urbanization rates. The study concludes that China crossed the first Lewis turning point around 2017.
Share and Cite:
Jiao, J. (2024) The Realization of Lewis Turning Point Is Seen from the Labor Production Efficiency of Urban and Rural Sectors
—A Statistical Study Based on Data.
Modern Economy,
15, 917-928. doi:
10.4236/me.2024.1510048.
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