Dynamic CGE Model and Simulation Analysis on the Impact of Citizenization of Rural Migrant Workers on the Labor and Capital Markets in China

Table 3

The changes of the factor price in 2010–2020 (% change deviation from baseline).

		2011	2012	2013	2014	2015	2016	2017	2018	2019	2020
Real wage	AG	0.58	1.71	3.24	5.05	7.07	8.60	9.58	10.13	10.40	10.49
	RNAG	0.54	1.47	2.70	4.17	5.80	6.99	7.87	8.50	8.94	9.23
	RUE	0.53	1.45	2.67	4.12	5.73	6.90	7.78	8.41	8.85	9.15
	UUSE	−0.64	−1.67	−2.89	−4.23	−5.61	−6.34	−6.71	−6.89	−6.99	−7.03
	USE	−0.39	−1.28	−2.46	−3.82	−5.28	−6.40	−7.03	−7.38	−7.58	−7.68
Rate of return		0.27	0.55	0.72	0.78	0.75	0.40	0.00	−0.29	−0.45	−0.53
Capital stock		−0.001	0.034	0.114	0.226	0.354	0.487	0.582	0.629	0.642	0.637