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Will Science and Technology Solve China’s Unemployment Problem?

Sjöholm, Fredrik LU and Lundin, Nannan (2010) In Asian Economic Papers 9(2). p.1-28
Abstract
China needs a substantial growth of modern-sector employment to absorb its huge supply of underemployed people and new labor market entrants. The present crisis with its massive layoffs of workers makes the issue even more pressing. Although the government has announced large public investments to deal with the business cycle downturn, less attention has been paid to the structural aspects of Chinese underemployment. One exception is the recent emphasis of technology development. However, science and technology (S&T) can have both positive and negative effects on employment. Using information from a large sample of manufacturing firms in China between 1996 and 2004, we analyze how S&T affects employment. Our results suggest that... (More)
China needs a substantial growth of modern-sector employment to absorb its huge supply of underemployed people and new labor market entrants. The present crisis with its massive layoffs of workers makes the issue even more pressing. Although the government has announced large public investments to deal with the business cycle downturn, less attention has been paid to the structural aspects of Chinese underemployment. One exception is the recent emphasis of technology development. However, science and technology (S&T) can have both positive and negative effects on employment. Using information from a large sample of manufacturing firms in China between 1996 and 2004, we analyze how S&T affects employment. Our results suggest that S&T does not promote employment growth. (Less)
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author
publishing date
type
Contribution to journal
publication status
published
subject
in
Asian Economic Papers
volume
9
issue
2
pages
28 pages
publisher
MIT Press
external identifiers
  • scopus:77956916375
ISSN
1535-3516
DOI
10.1162/ASEP_a_00013
language
English
LU publication?
no
id
00e64548-63a5-4d30-893e-84b264ac9160
date added to LUP
2017-10-09 11:48:22
date last changed
2018-05-29 12:22:56
@article{00e64548-63a5-4d30-893e-84b264ac9160,
  abstract     = {China needs a substantial growth of modern-sector employment to absorb its huge supply of underemployed people and new labor market entrants. The present crisis with its massive layoffs of workers makes the issue even more pressing. Although the government has announced large public investments to deal with the business cycle downturn, less attention has been paid to the structural aspects of Chinese underemployment. One exception is the recent emphasis of technology development. However, science and technology (S&T) can have both positive and negative effects on employment. Using information from a large sample of manufacturing firms in China between 1996 and 2004, we analyze how S&T affects employment. Our results suggest that S&T does not promote employment growth.},
  author       = {Sjöholm, Fredrik and Lundin, Nannan},
  issn         = {1535-3516},
  language     = {eng},
  number       = {2},
  pages        = {1--28},
  publisher    = {MIT Press},
  series       = {Asian Economic Papers},
  title        = {Will Science and Technology Solve China’s Unemployment Problem?},
  url          = {http://dx.doi.org/10.1162/ASEP_a_00013},
  volume       = {9},
  year         = {2010},
}