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Books > Business & Economics > Economics > Labour economics
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Labor's Share of Income - Another Key to Understand China's Income Inequality (Hardcover, 1st ed. 2016)
Loot Price: R3,951
Discovery Miles 39 510
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Labor's Share of Income - Another Key to Understand China's Income Inequality (Hardcover, 1st ed. 2016)
Expected to ship within 12 - 17 working days
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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). 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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