Labor’s Share of Income : Another Key to Understand China’s Income Inequality
1st ed. 2016
by
Minghai Zhou
Book Details
Format
Hardback or Cased Book
ISBN-10
9811001723
ISBN-13
9789811001727
Edition
1st ed. 2016
Publisher
Springer Verlag, Singapore
Imprint
Springer Verlag, Singapore
Country of Manufacture
SG
Country of Publication
GB
Publication Date
Dec 8th, 2015
Print length
218 Pages
Ksh 19,800.00
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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).
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.
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