Examines Wage Determination Mechanism
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A major determinant of the primary distribution of national income, wages will have tremendous impacts on both social equity and economic efficiency in China. Wages in China: An Economic Analysis presents the latest research results on the transformation of China’s wages formation mechanism since the adoption of the Reform and Opening Up policy.
This 3-volume series looks at the impact from the institutional evolution of the wage system, social networks, and geographical factors on the determination of wages. After reviewing the history of China’s wage policies and systematic transformation, the author examines the collective negotiation system as an example of institutional changes to explore the impacts on employees’ wages, and does an empirical study on the shrinkage in labor’s share of national income by using industrial and provincial data. Based on the discussion of local policy-making decisions under fiscal federalism in China, the author also analyzes the regional wage differences with economic geographical and regional policy variances. The perspective of inter-industrial wage spillover is also followed to explain the wage differences and convergence paradox.
Contents
Volume 3
Wage Clubs
Chapter 11 From Wage Disparity to Wage Convergence: Studies on Wage Spillovers
Xie Lulu
Chapter 12 Wage Clubs in China’s Industries
Xie Lulu, Zhang Jun, and Liu Xiaofeng
Chapter 13 Wage Interactions between China’s Public and Private Sectors: Evidence from CHNS
Zhang Jun and Wang Bo
Economic Development and Labor’s Share of Income
Chapter 14 Labor Share in Economic Development: An Empirical Study Based on Sectoral Data from China
Luo Changyuan and Zhang Jun
Chapter 15 The Economic Explanation of Declining Labor Share: An Analysis Based on Province Level Data from China
Luo Changyuan and Zhang Jun
Chapter 16 Globalization and Labor Share: An Analysis Based on the Bargaining Powers of Labor and Capital
Tang Dongbo
Annex How are Wages Set in China’s Manufacturing Firms? A Survey of 8 Firms in Zhejiang
Fudan University China Center for Economic Studies Research Committee
About the Editor
Zhang Jun is a Changjiang Professor of Economics and Director of the China Center for Economic Studies at Fudan University in China. He is the Chief Editor of World Economic Paper and has been on the editorial board of Economic Systems, Journal of the Asia Pacific Economy, China Economic Journal, and many other Chinese and English journals. Zhang received his doctorate in economics from Fudan University, and completed post-doctoral fellowships at the University of Sussex in Britain. He authored and edited many books including Thirty Years of Reform and Opening Up,Transformation of the Chinese Enterprises, and Economic Transitions with Chinese Characteristics.
