Journal of Jishou University(Social Sciences) ›› 2012, Vol. 33 ›› Issue (1): 105-108.DOI: 10.3969/j.issn.1007-4074.2012.01.022

• Economics • Previous Articles     Next Articles

Lewis’s Dual Economic Structure Theory and China’s Reality

  

  1. (College of Economics,Xiamen University,Xiamen,Fujian 361005,China)
  • Online:2012-01-15 Published:2012-03-02

Abstract: Lewis’s Dual Economic Structure Theory was based on the market economy with free competition.The market economy in present China is not perfect,which can only be called government-engineered market economy.Lewis’s dual economic structure theory was therefore distorted as the urban-rural dual economic structure.This fostered the peasant workers market,development of labor intensive industry and export-oriented development model.The demographic dividend period with plenty of peasant workers supply is going to its end,and the Lewis Turning Point is coming.The “anti-driving mechanism”of China’s social and economic development model has been strengthened.The export-oriented development model based on peasant workers market has come to its end.

Key words: dual economic economy;urban-rural dual system;Lewis&rsquo, s turning point;anti-driving mechanism

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