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Labor''s Share of Income
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Labor''s Share of Income : Another Key to Understand China’s Income Inequality

Softcover reprint of the original 1st ed. 2016

Book Details

Format Paperback / Softback
ISBN-10 9811090955
ISBN-13 9789811090950
Edition Softcover reprint of the original 1st ed. 2016
Publisher Springer Verlag, Singapore
Imprint Springer Verlag, Singapore
Country of Manufacture GB
Country of Publication GB
Publication Date Mar 27th, 2019
Print length 218 Pages
Ksh 13,500.00
Werezi Extended Catalogue 0 in stock

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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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