Essays on Migration and Economic Development: With Special Reference To The Chinese Economy

Pakrashi, Debayan (2014). Essays on Migration and Economic Development: With Special Reference To The Chinese Economy PhD Thesis, School of Economics, The University of Queensland.

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Author Pakrashi, Debayan
Thesis Title Essays on Migration and Economic Development: With Special Reference To The Chinese Economy
School, Centre or Institute School of Economics
Institution The University of Queensland
Publication date 2014
Thesis type PhD Thesis
Supervisor Paul Frijters
Andrew McLennan
Total pages 185
Language eng
Subjects 1402 Applied Economics
Abstract/Summary China’s unprecedented growth over the last few decades is a major episode in global economic history. The growth experience of China is similar to that of Japan, the East Asian tigers and the tiger cubs, who all experienced a long period of relatively high and stable growth in the later part of the 20th century. After the economic reforms of the 1980s, China has transformed into the second largest economy of the world, having overtaken Germany and Japan, and is expected to overtake the United States as the largest economy in the world this decade. Rapid economic ascendance has brought on many challenges though, including high inequality and rapid urbanization: China is not only growing at twice the rate of that of the European nations, it is also urbanizing fast since the economic reforms. With about 150 million migrant workers already residing in the major Chinese cities and more potential migrants expected to migrate to the urban growth hubs before the Chinese growth miracle has run its course, a key current policy challenge comes from the increasing inequality between the urban hukou holders and the rural to urban migrants. Three major themes around these developments have been taken up in this thesis: the theoretical macroeconomic puzzle of how a transition economy like China can sustain a fairly constant growth path for decades; the empirical question of just how much of the inequality between rural migrants and urban hukou holders reflects discrimination rather than productivity differentials; the micro-theoretical question of how one can get discrimination in a model wherein individual cities with insiders compete for migrants; and the general question of migrant assimilation as a function of their treatment by the host society.
Keyword Takeoffs
Technology trap
Overlapping generation
Political economy
Rent seeking
Life satisfaction

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Created: Tue, 13 May 2014, 09:39:31 EST by Debayan Pakrashi on behalf of Scholarly Communication and Digitisation Service