城乡劳动力流动与迁移回报率

本文从微观主体人力资本投资的角度来理解中国农村劳动力流动现象。提出应该将迁移作为一种投资方式单独进行考察。通过讨论迁移的预期成本和收益，发现与教育投资相比，迁移能得到较高的回报率，迁移回报率是吸引农村劳动力选择迁移流动到城市的重要因素。由此得出结论：农村劳动力向城市的迁移是一种理性选择的人力资本投资方式。要改变中国二十年来农村劳动力以低教育水平、低收入水平为特征的循环流动。必须尽快改善农村的人力资本投资环境。特别是教育环境．

Rural-Urban Labor Migration and Return Rate of Migration

The paper analyzes labor migration in China from the individual choice of rural labor. Based on the theory of investment in human capital and the environment of human capital investment in rural China, I analyzed the expected income and cost of youth migrants. The conclusion is that return rate of migraion is high for rural young people and migration is young people＇s rational choice of investment in human capital in the current situation. To change the migration mode of low education and low income, it is necessary to take measures to change the environment of human capital investment in rural China, especially the education environment.