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Will science and technology solve China's unemployment problem?
Örebro University, Swedish Business School at Örebro University. Res Inst Ind Econ, Stockholm, Sweden.
E3G, Stockholm, Sweden; Stockholm Environm Inst, Stockholm, Sweden.
2010 (English)In: Asian Economic Papers, ISSN 1535-3516, E-ISSN 1536-0083, Vol. 9, no 2, p. 1-28Article in journal (Refereed) Published
Abstract [en]

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.

Place, publisher, year, edition, pages
2010. Vol. 9, no 2, p. 1-28
National Category
Economics
Research subject
Economics
Identifiers
URN: urn:nbn:se:oru:diva-12925DOI: 10.1162/ASEP_a_00013ISI: 000279416300001OAI: oai:DiVA.org:oru-12925DiVA, id: diva2:383289
Available from: 2011-01-04 Created: 2011-01-03 Last updated: 2018-04-23Bibliographically approved

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Sjöholm, Fredrik

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