- Abstract:
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The paper uses the Lewis model as a framework for examining the labour market progress of two labour-abundant countries, China and South Africa, towards labour shortage and generally rising labour real incomes. In the acuteness of their rural-urban divides, forms of migrant labour, rapid rural-urban migration, and high and rising real wages in the formal sector, the two economies are surprisingly similar. They differ, however, in the dynamism of their formal sector growth of output and employ...
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- Volume:
- WPS/2007-12
- Series:
- Working Paper Series
- Publication date:
- 2007-01-01
- URN:
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uuid:d538b9f3-34fb-4c9e-ae82-14d5f658267a
- Local pid:
- oai:economics.ouls.ox.ac.uk:13214
- Language:
- English
- Copyright date:
- 2007
Working paper
China, South Africa and the Lewis Model.
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