By introducing a general equilibrium framework to China's dual economic structure, this paper studies the microscopic mechanism of education input to narrow the urban-rural income gap and how to improve the alloca...By introducing a general equilibrium framework to China's dual economic structure, this paper studies the microscopic mechanism of education input to narrow the urban-rural income gap and how to improve the allocation efficiency of education funds in China's "new normal" economy. The empirical analysis results show that education input is effective in narrowing the urban-rural income gap and achieving a Pareto improvement state in both direct and indirect ways. However, the effect of education input at different stages varies. In particular, the impact of compulsory education on improving inequality is more significant than the other education levels. With adjustment for the macroeconomic slowdown, raising fiscal expenditures on education can improve potential economic growth by promoting human capital accumulation and labor productivity in the long run. In all, education input can promote labor migration and narrow the urban-rural income gap, which is conducive to alleviating the contradiction of the structural transformation lag in employment and achieving inclusive growth targets.展开更多
Rising labor opportunity cost is one of the most important characteristics of farmers' economic environment in present China,and brings great agricultural land use changes correspondingly.Based on the stratified r...Rising labor opportunity cost is one of the most important characteristics of farmers' economic environment in present China,and brings great agricultural land use changes correspondingly.Based on the stratified random sample of rural households in Sui County,this paper estimates the opportunity cost of farm labors,and then analyzes its effect on farmers' agricultural land use decisions.The findings show that the households with higher labor opportunity cost are more likely to reduce labor intensity and increase labor-saving input in their land use decisions.From the descriptive analysis,we also find these households always prefer grain crop planting,reduce yield-raising input or even rent out their cultivated land.As labor and yield-raising input are two essential positive factors for grain production,continuous declining of labor input and yield-raising input caused by rising labor opportunity cost may influence the grain yield per unit area in the future.展开更多
文摘By introducing a general equilibrium framework to China's dual economic structure, this paper studies the microscopic mechanism of education input to narrow the urban-rural income gap and how to improve the allocation efficiency of education funds in China's "new normal" economy. The empirical analysis results show that education input is effective in narrowing the urban-rural income gap and achieving a Pareto improvement state in both direct and indirect ways. However, the effect of education input at different stages varies. In particular, the impact of compulsory education on improving inequality is more significant than the other education levels. With adjustment for the macroeconomic slowdown, raising fiscal expenditures on education can improve potential economic growth by promoting human capital accumulation and labor productivity in the long run. In all, education input can promote labor migration and narrow the urban-rural income gap, which is conducive to alleviating the contradiction of the structural transformation lag in employment and achieving inclusive growth targets.
基金Under the auspices of National Science Foundation of China(Grant no.40971062)
文摘Rising labor opportunity cost is one of the most important characteristics of farmers' economic environment in present China,and brings great agricultural land use changes correspondingly.Based on the stratified random sample of rural households in Sui County,this paper estimates the opportunity cost of farm labors,and then analyzes its effect on farmers' agricultural land use decisions.The findings show that the households with higher labor opportunity cost are more likely to reduce labor intensity and increase labor-saving input in their land use decisions.From the descriptive analysis,we also find these households always prefer grain crop planting,reduce yield-raising input or even rent out their cultivated land.As labor and yield-raising input are two essential positive factors for grain production,continuous declining of labor input and yield-raising input caused by rising labor opportunity cost may influence the grain yield per unit area in the future.
