This paper explores, from the perspective of general equilibrium, the relationship between urbanizing migrant workers and increasing domestic demand. Why should China adopt the strategy of relying on domestic demand t...This paper explores, from the perspective of general equilibrium, the relationship between urbanizing migrant workers and increasing domestic demand. Why should China adopt the strategy of relying on domestic demand to develop its economy？ Countering the impact of declining external demand is only a temporary reason for doing so, and the more fundamental reason is the need to change the ＂dual imbalance＂ in today’s economy： the imbalance between internal and external economic arrangements and the industry structural imbalance, as well as the need to take full advantage of the domestic market to achieve the goal of industrialization. The latent consumption demand of migrant workers will be fully released if realistic measures are taken to accelerate the pace of turning migrant workers into urban residents. This will help neutralize the negative impact of reduced external demand, as well as rectifying the structural imbalances in the Chinese economy and upgrading China’s industrialization and urbanization.展开更多
This article uses the age-structure/life-cycle method to analyze the impact of migrant workers’ employment on their urbanization. Since enterprises tend to employ younger workers and unemployed migrant workers tend t...This article uses the age-structure/life-cycle method to analyze the impact of migrant workers’ employment on their urbanization. Since enterprises tend to employ younger workers and unemployed migrant workers tend to be middle-aged, we first apply the age structure/life cycle model to carry out our estimations, pointing out that in order to complete the urbanization of their families, migrant worker couples usually have to work for thirty years consecutively after marriage. On this basis, the article constructs a working life table for migrant workers and uses it to estimate the total quantity of Chinese migrant workers who have the minimum economic capacity required for urbanization. Taking into consideration future changes in the age structure of enterprise employment, we estimate that over the sixty-nine million migrant workers who were under thirty years old in 2006, together with their families, would already be in possession of the minimum economic conditions for settling in urban areas.展开更多
文摘This paper explores, from the perspective of general equilibrium, the relationship between urbanizing migrant workers and increasing domestic demand. Why should China adopt the strategy of relying on domestic demand to develop its economy？ Countering the impact of declining external demand is only a temporary reason for doing so, and the more fundamental reason is the need to change the ＂dual imbalance＂ in today’s economy： the imbalance between internal and external economic arrangements and the industry structural imbalance, as well as the need to take full advantage of the domestic market to achieve the goal of industrialization. The latent consumption demand of migrant workers will be fully released if realistic measures are taken to accelerate the pace of turning migrant workers into urban residents. This will help neutralize the negative impact of reduced external demand, as well as rectifying the structural imbalances in the Chinese economy and upgrading China’s industrialization and urbanization.
文摘This article uses the age-structure/life-cycle method to analyze the impact of migrant workers’ employment on their urbanization. Since enterprises tend to employ younger workers and unemployed migrant workers tend to be middle-aged, we first apply the age structure/life cycle model to carry out our estimations, pointing out that in order to complete the urbanization of their families, migrant worker couples usually have to work for thirty years consecutively after marriage. On this basis, the article constructs a working life table for migrant workers and uses it to estimate the total quantity of Chinese migrant workers who have the minimum economic capacity required for urbanization. Taking into consideration future changes in the age structure of enterprise employment, we estimate that over the sixty-nine million migrant workers who were under thirty years old in 2006, together with their families, would already be in possession of the minimum economic conditions for settling in urban areas.
