Description: Labor’s Share of Income : Another Key to Understand China’s Income Inequality, Hardcover by Zhou, Minghai, ISBN 9811001723, ISBN-13 9789811001727, Like New Used, Free shipping in the US 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. Th shows that the decrease in labor share is closely related to economic growth, increasing extent of globalization, and firms with heterogeneous characteristics. Moreover, th explains income inequality in detail, focusing on China’s increasingly important and emerging economy.
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Number of Pages: Xix, 218 Pages
Publication Name: Labor's Share of Income
Language: English
Publisher: Springer
Publication Year: 2015
Subject: Economics / Macroeconomics, Economic Conditions, Development / Economic Development, Labor
Item Weight: 171.2 Oz
Type: Textbook
Author: Minghai Zhou
Item Length: 9.3 in
Subject Area: Business & Economics
Item Width: 6.1 in
Format: Hardcover