Labor?s Share of Income - E-book

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Labor?s Share Of Income - ENG

Another Key To Understand Chinaâ€™s Income Inequality

Minghai Zhou

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Sinopsis

ISBN:	9789811001734
Formato:	Page Fidelity
Idioma:	Inglés
Editorial:	Springer Nature
Tema:	Negocios y economía
Subtema:	Trabajo
Año de publicación:	2015-11-30

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).Â The worsening income distribution has been a key issue for both Chinese and global economies in recent decades.Â 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 bookÂ explains income inequality in detail, focusing on China increasingly important and emerging economy.

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