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Labor’s Share of Income

Another Key to Understand China’s Income Inequality

  • Minghai Zhou

About this book

Introduction

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. 

Keywords

Labor’s Share Raw Labor Trade Mode Firm Heterogeneity Ownership Structure

Authors and affiliations

  • Minghai Zhou
    • 1
  1. 1.School of EconomicsUniversity of Nottingham Ningbo ChinaNingboChina

Bibliographic information

  • DOI https://doi.org/10.1007/978-981-10-0173-4
  • Copyright Information Springer Science+Business Media Singapore 2016
  • Publisher Name Springer, Singapore
  • eBook Packages Economics and Finance
  • Print ISBN 978-981-10-0172-7
  • Online ISBN 978-981-10-0173-4
  • Buy this book on publisher's site