Quantifying biased technical progress in China: Heterogeneous human capital and labor force dynamics.

Xiuli Cui1, Ehsan Elahi1, Bo Xu2

  • 1School of Economics, Shandong University of Technology, Zibo, 255049, China.

Heliyon
|July 19, 2024
PubMed
Summary

Heterogeneity in China's labor force and human capital quantitatively impacts economic growth. Accounting for these factors increases the elasticity of substitution and decreases biased technological progress, boosting productivity.

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