A Comparative Study on the Alteration of Industrial Structure in Chinese and American Urbanizations

Linxiu Huang¹

Regional Economics and Application Lab, University of Illinois at Urbana-Champaign, Urbana-Champaign, US.
College of Economics and Management, Southwest University, Chongqing, China.

DOI: 10.4236/ajibm.2014.49059                

Abstract

Urbanization is internally related to economic growth and industrial structure. Whether China may fall into the mid-income trap, to some extent, depends on the benign interaction between the advancement of urbanization and the upgrade of industrial structure. The present paper, by a comparative analysis of relevant issues in China and the United States, is intended to find out the features of interaction in the experiences of the United States so as to get inspirations in policy making in China.

Keywords

Urbanization, Industrial Structure, Alteration

Conflicts of Interest

The authors declare no conflicts of interest.

References

[1]	Henderson, J.V. (2003) Urbanization and Economic Development. Annals of Economics and Finance, 4, 275-341.
[2]	Gustan, R. and John, C.H.F. (1961) A Theory of Economic Development. American Economic Review, 51, 533-565.
[3]	Jorgenson, D.W. (1969) The Development of a Dual Economy. The Economic Journal, 59, 147.
[4]	Michael, P.T. (1969) A Model of Labor Migration and Urban Unemployment in Less Developed Countries. American Economic Review, 59, 147.
[5]	Rostow, W.W. (1971) The Stages of Economic Growth. Cambridge University Press, Cambridge.
[6]	Chenery, H.B. and Syrquin, M. (1975) Patterns of Development, 1950-1970. Oxford University Press, New York.
[7]	Syrquin and Chener (1989) Three Decades of Industrialization. The World Bank Economic Reviews, 3, 152-153.
[8]	Song, J.P. and Li, X.Q. (2006) Insights in American Urbanization for China. Issues in Cities, 1, 88-92.
[9]	Wang, C.Y. (2007) History and Features of Urbanization in the United States and Its Inspirations. Issues in Cities, 6, 92-98.
[10]	Wang, H. and Jiang, C. (2010) Experiences of Industry Growth from American Urbanization. Report by Guotai Junan Securities, Oct. 11.