Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Labor's Share of Income: Another Key to Understand China's Income Inequality

Labor's Share of Income: Another Key to Understand China's Income Inequality

Zhou, Minghai

Paperback

EconomicsLabor

ISBN10: 9811090955
ISBN13: 9789811090950
Publisher: Springer
Published: Mar 27 2019
Pages: 218
Weight: 0.75
Height: 0.51 Width: 6.14 Depth: 9.21
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.

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