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Economic Analysis of the Pearl River Delta's "Labor Shortage"


Affiliations
1 School of Management, Guangdong University of Technology, Guangzhou, China
 

The shortage of workers in the Pearl River Delta is becoming increasingly severe. The enterprise can hardly employ enough workers. Based on the supply-demand model, this paper analyzes the phenomenon from the view of economic, and bases on the Lewis Model analyze the deep cause of this situation. This paper argues that the best way to solve this problem is to speed up the industry transition and upgrading, improve the post technical content, in order to radically reduce labor demand.

Keywords

Worker Shortage, Pearl River Delta, Supply-Demand Model, Lewis Model.
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Abstract Views: 468

PDF Views: 213




  • Economic Analysis of the Pearl River Delta's "Labor Shortage"

Abstract Views: 468  |  PDF Views: 213

Authors

Li Xiao-Ran
School of Management, Guangdong University of Technology, Guangzhou, China
Heyan-Ming
School of Management, Guangdong University of Technology, Guangzhou, China
Wu Cheng-Cheng
School of Management, Guangdong University of Technology, Guangzhou, China

Abstract


The shortage of workers in the Pearl River Delta is becoming increasingly severe. The enterprise can hardly employ enough workers. Based on the supply-demand model, this paper analyzes the phenomenon from the view of economic, and bases on the Lewis Model analyze the deep cause of this situation. This paper argues that the best way to solve this problem is to speed up the industry transition and upgrading, improve the post technical content, in order to radically reduce labor demand.

Keywords


Worker Shortage, Pearl River Delta, Supply-Demand Model, Lewis Model.

References