State-owned enterprises(SOEs)in China pay higher wages thanprivate firms.Is it because SOEs pay their workers wage premiumor because they employ high-quality workforce?Using the latestmethods and data,this paper accou...State-owned enterprises(SOEs)in China pay higher wages thanprivate firms.Is it because SOEs pay their workers wage premiumor because they employ high-quality workforce?Using the latestmethods and data,this paper accounts for the unobserved heterogeneity and estimates the SOE wage premium for the period1995–2013.It is found that the wage premium has diminishedsince 1995 and has become insignificant since 2000.The significant wage gap between SOEs and non-SOEs can be explained bythe fact that SOEs recruit high-quality workforce in correlationwith SOEs’industrial composition.This paper also evaluates theinstruments used in the previous studies and rejects themthrough validity tests.The evidence suggests that the labour market in China is not segmented by ownership.展开更多
基金The CFPS is funded by 985 Program of Peking University and carried out by the Institute of Social Science Survey of Peking University.
文摘State-owned enterprises(SOEs)in China pay higher wages thanprivate firms.Is it because SOEs pay their workers wage premiumor because they employ high-quality workforce?Using the latestmethods and data,this paper accounts for the unobserved heterogeneity and estimates the SOE wage premium for the period1995–2013.It is found that the wage premium has diminishedsince 1995 and has become insignificant since 2000.The significant wage gap between SOEs and non-SOEs can be explained bythe fact that SOEs recruit high-quality workforce in correlationwith SOEs’industrial composition.This paper also evaluates theinstruments used in the previous studies and rejects themthrough validity tests.The evidence suggests that the labour market in China is not segmented by ownership.