Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/58663
Authors: 
Heckman, James J.
Yi, Junjian
Year of Publication: 
2012
Series/Report no.: 
Discussion Paper series, Forschungsinstitut zur Zukunft der Arbeit 6550
Abstract: 
China's rapid growth was fueled by substantial physical capital investments applied to a large stock of medium skilled labor acquired before economic reforms began. As development proceeded, the demand for high skilled labor has grown, and, in the past decade, China has made substantial investments in producing it. The egalitarian access to medium skilled education characteristic of the pre-reform era has given rise to substantial inequality in access to higher levels of education. China's growth will be fostered by expanding access to all levels of education, reducing impediments to labor mobility, and expanding the private sector.
Subjects: 
education
human capital
economic growth
inequality
JEL: 
I25
J24
O15
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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