From The Perspective Of Achieving High-quality Economic Development Research On Chinese Labor Reallocation Effect

High-quality economic development needs to span three critical periods.There are many studies on the indicator system of high-quality economic development.However,based on the perspective of leaping over the critical period of high-quality economic development,there are few studies on the realization of the transition from high-speed economic growth to high-quality development.In order to study the impact of labor reallocation effect on the realization of high-quality development,this paper constructs a growth source decomposition model from three perspectives of economic growth momentum transformation,economic structure optimization and transformation of growth mode,and achieves high-quality economic development by enhancing the labor reallocation effect.The research content is mainly divided into three parts:First,from the perspective of human capital and labor mismatch,in the context of the transformation of the demographic dividend to the human capital dividend,considering the distortion of labor prices and the time-variability of factor elasticity,expand the growth source model to measure the labor force reallocation effect from the perspective of labor force quantity and human capital,so as to enhance the labor reallocation effect and promote the transformation of economic growth momentum.The study found that the labor reallocation effect from the perspective of human capital allocation was greater than the labor reallocation effect from the perspective of labor quantity allocation,and the labor reallocation effect brought about by the increase in labor force number after 2012 declined,while the labor reallocation effect showed an upward trend from the perspective of human capital allocation.Second,from the perspective of the direction of structural adjustment and the intensity of the effect,construct a decomposition model of the effect of labor reallocation,measure the structural dividend and cost disease effect,study the impact of labor reconfiguration on the direction of structural adjustment and the intensity of the effect,and promote the optimization of the economic structure.The study found that the structural dividend showed the head goose effect driven by the eastern region,and the accelerated geese array followed by other regions became the deceleration geese array;The cost sickness effects are listed in descending order of west,east,northeast,and center.From the perspective of industrial structure adjustment,the labor share of the next generation that distorts the allocation still needs to drop by0.25,and the labor share of the secondary and tertiary industries is 0.07 and 0.18 respectively.Cost diseases in the east and central regions aggravate the widening of income disparities,and cost diseases in the west and northeast inhibit the widening of income disparities.Third,from the perspective of growth model heterogeneity,different from the assumption that the growth model of the general growth model is unchanged,the growth source model based on the decomposition of the limited hybrid model is constructed,and the labor reallocation effect under different growth models and the regional differentiated growth characteristics under the transformation of the growth model are studied.The study found that the factor input-driven development model changed after 2006,from factor-driven to efficiency-driven,while the growth model in the eastern region changed earlier than in other regions,and the cost-disease effect under the change of growth model was higher than that of the general growth model,and the heterogeneity and change of the growth model in the four major economic regions were underestimated by 5%-40%.Finally,according to the countermeasures and suggestions from four aspects:correcting labor mismatch,increasing the stock of human capital,increasing the production capacity of the service industry,and integrating institutional promotion and development methods,the potential of China’s long-term development and growth will be further released.