Abstract
ABSTRACT By constructing a three-sector general equilibrium model encompassing modern agriculture, this study shows that how agricultural land transfer impacts wage inequality. In the short run, it narrows the urban skilled-unskilled wage inequality but widens the urban-rural unskilled wage inequality and the average skilled-unskilled wage inequality. In the long run, it widens (narrows) the urban skilled-unskilled wage inequality if the skilled labor employment effect is large (small) enough, but narrows (widens) the urban-rural unskilled wage inequality and the average skilled-unskilled wage inequality if the unskilled labor employment effect is large (small) enough.
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