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also among the leading cities in terms of AI development. The former fishing village, Shenzhen, is now referred to as China's Silicon Valley. It is home to companies such as BYD, that is specialising in IT, cars and renewable energy, Huawei and ZTE, the

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$) and the share of agriculture, forestry and fishing (% of GDP) Country (year) GNI per capita Atlas method current (US$) Agriculture, forestry and fishing (% of GDP) China (1978) 200 27.7 China (1990) 330 26.6 Bulgaria (1988) 3,110 11.5 Czechia (1992) 3

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Scenario 2: HCSO DRI + no skill mismatch Scenario 3: HCSO DRI severe skill mismatch Employment Real wage growth A – Agriculture, forestry and fishing −45.3 −33.0 −20.0 81.7 74.3 46.4 B – Mining and quarrying −8.6 −19.0 −25.0 60.0 54.6 34.1 C – Manufacturing

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income, combined with income from wages, self-employment and farming and fishing. The average was approximately 18.83 million won. Labour income variables were transformed to logarithmic form prior to their use in the estimation. Labour working days refer

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