Migrant Workers Age-Group Productivity Gap Is Key to Verifying Lewis Turning Point in Chin*

Zhang Zheng
Guanghua School of Management, Peking University, Beijing, China

 
Abstract: This paper uses age-related productivity gaps to analyze the Lewis turning point in China. The age-related productivity gap implies that under same wage rate, older and less productive rural laborers working in cities will earn less than the reservation wage. Thus, they may elect instead to return to the countryside. Therefore, this paper argues that while the supply of younger, high-productivity migrant workers fails demand and Lewis turning point emerges, there still exists a high volume of lower-productivity rural surplus labor.
Key words: Lewis turning point, productivity, age difference, migrant workers

¥0.01加入购物车