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Cover Art
E-RESOURCE
Author Zhou, Minghai, author.

Title Labor's Share of Income [electronic resource] : Another Key to Understand China's Income Inequality / by Minghai Zhou.

Published Singapore : Springer Singapore : Imprint : Springer, 2016.

Copies

Location Call No. Status
 UniM INTERNET resource    AVAILABLE
Edition 1st ed. 2016.
Physical description 1 online resource (XIX, 218 pages 25 illustrations in color.) : online resource
Series Springer English/International eBooks 2016 - Full Set
Contents Introduction -- Theoretical and Empirical Development of Research on Labor's Share -- Estimation and Analysis of Movements of Real Labor's Share -- The Structure Factors of Movement of Labor's Share: Comparison Analysis of Income Approach of GDP and Flow of Funds Account of China -- Economic Growth and Labor's Share: Evidence from Chinese Household Survey Data -- Kuznets Stylized Effects and Decrease of Labor's Share: Evidence from Chinese Provincial Data -- Change of Trade Mode and Decrease of Labor Share: Empirical Evidence from China's Industrial Sector -- Firm Heterogeneity, Ownership Structure, and Labor's Share: Evidence from Chinese Firms -- Conclusion.
Bibliography Includes bibliographical references.
Summary This book analyzes the decrease in labor share in China, which is a ratio of national income distribution to capital at three different levels (macro, meso, and micro) and from three different perspectives (growth, transition and opening up). The worsening income distribution has been a key issue for both Chinese and global economies in recent decades. The book shows that the decrease in labor share is closely related to economic growth, increasing extent of globalization, and firms with heterogeneous characteristics. Moreover, the book explains income inequality in detail, focusing on China's increasingly important and emerging economy.
Other author SpringerLink issuing body.
Subject Macroeconomics.
Labor economics.
Development economics.
Electronic books.
ISBN 9789811001734
9811001731
9789811001727
Standard Number 10.1007/978-981-10-0173-4