Author(s)

Yao Jiang, Tong Wang, and Huawei Luo

Corresponding Author

Huawei Luo

ABSTRACT

in recent years, there has been a large of shortage of migrant workers in China. This paper collected the panel data of 29 provinces in China from 1990 to 2010. Judging from the criteria of Minami and the panel data analysis method, it studied the changing trend of China’s agricultural wage rate and compared the correlation between marginal productivity of labor and agricultural wage rate. The research has found that: (1) the agricultural wage rate in China has been increasing year by year since 2004; (2) the marginal productivity of labor increased year by year, exceeding the rate of agricultural wages between 2000 and 2005; (3) the correlation between agricultural labor wage rate and marginal productivity was strengthened from weak.

KEYWORDS

Lewis inflection point; Rate of agricultural wages; Marginal productivity of labor