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Economic Cost of China's Urbanization LagGene Hsin ChangUniversity of Toledo University of Toledo, Economics and Urban Affair Center, Working Paper Abstract: China lags behind the world standard in urbanization, even during its rapid economic growth period under reform. This urbanization lag implies a tremendous cost in employment and growth, approximately a loss of 75 million job opportunities and a loss of 10% of in GDP. Urgent attention and effective policies are needed to accelerate urbanization.
Keywords: China, urbanization, lag, cost JEL Classification: O18, O15 working papers seriesDate posted: February 12, 2003Suggested CitationContact Information
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