Labor’s Share of Income

Another Key to Understand China’s Income Inequality

Business & Finance, Career Planning & Job Hunting, Labor, Economics, Macroeconomics
Cover of the book Labor’s Share of Income by Minghai Zhou, Springer Singapore
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Author: Minghai Zhou ISBN: 9789811001734
Publisher: Springer Singapore Publication: November 30, 2015
Imprint: Springer Language: English
Author: Minghai Zhou
ISBN: 9789811001734
Publisher: Springer Singapore
Publication: November 30, 2015
Imprint: Springer
Language: English

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.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

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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