2006–2010

Will Science and Technology Solve China’s Unemployment Problem?

Reprint No. 2010:30

Author(s): Fredrik Sjöholm and Nannan LundinYear: 2010 Title: Asian Economic Papers Volume (No.): 9 (2) Pages: 1–28
Online article (restrictions may apply)


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.


Reference:
Sjöholm, Fredrik and Nannan Lundin (2010), "Will Science and Technology Solve China’s Unemployment Problem?". Asian Economic Papers 9(2), 1–28.

Fredrik Sjöholm

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An Agenda for Europe

Institutional Reform for Innovation and Entrepreneurship

Omslag 2017 Institutional Reform for Innovation and Entrepreneurship.jpg

The authors of this book, Niklas Elert, Magnus Henrekson and Mikael Stenkula, advise the economies of the European Union to become more entrepreneurial in promoting innovation and economic growth. The authors propose a reform strategy with respect to several aspects to achieve this goal.

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