CHANGES IN CHINA'S WAGE STRUCTURE

成果类型:
Article
署名作者:
Ge, Suqin; Yang, Dennis Tao
署名单位:
Virginia Polytechnic Institute & State University; University of Virginia
刊物名称:
JOURNAL OF THE EUROPEAN ECONOMIC ASSOCIATION
ISSN/ISSBN:
1542-4766
DOI:
10.1111/jeea.12072
发表日期:
2014
页码:
300-336
关键词:
capital-skill complementarity research-and-development urban china technological-change relative wages INEQUALITY returns misallocation INVESTMENT EMPLOYMENT
摘要:
Using a national sample of Urban Household Surveys, we document several profound changes in China's wage structure during a period of rapid economic growth. Between 1992 and 2007, the average real wage increased by 202%, accompanied by a sharp rise in wage inequality. Decomposition analysis reveals 80% of this wage growth to be attributable to higher pay for basic labor, rising returns to human capital, and increases in the state-sector wage premium. By employing an aggregate production function framework, we account for the sources of wage growth and wage inequality amid fast economic growth and transition. We find capital accumulation, skill-biased technological change, and rural-urban migration to be the major forces behind the evolving wage structure in urban China.
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