Labor Quality, Labor Utilization Efficiency and Economic Development: Regional Discrepancies and Solutions*

Liang Yongmei 1, Li Gang 1 and Dong Minjie2
1Institute of Industrial Economies, Chinese Academy of Social Sciences, Beijing, China
2China Credit Rating Co., Ltd. , Beijing, China

 
Abstract: This paper presents the results of our experiments to assess average labor quality and labor force utilization in different regions of China using slack-based inefficiency measurement (SBI). We found that there is a discrepancy between different regions’ labor resources and their stages’ of economic development. In central and western regions, the average quality of labor is significantly higher than in eastern regions, but labor force utilization is less efficient. Slow in economic growth and laggard in industrial upgrading, central and western regions have failed to provide their high-quality labor forces with adequate and suitable job opportunities, leading to the discrepancy between labor resource quality and economic development. Resolving this discrepancy might help coordinate economic development across different regions in China.
Key words: labor quality, labor force utilization efficiency, SBI, Tobit Model

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