On the basis of extending Lee's(1999) model, this paper resolves the problem of biased division in the specification of equation and employs Urban Household Survey(UHS) data,China Household Income Project(CHIP) da...On the basis of extending Lee's(1999) model, this paper resolves the problem of biased division in the specification of equation and employs Urban Household Survey(UHS) data,China Household Income Project(CHIP) data and county-level minimum wage data collected by authors to investigate the wage distribution effects of change in the effective minimum wages measured by relative value. The result shows that the effective minimum wage will exert a significant spillover effect on wage distribution at the40 th percentile and below, which is favorable to reducing wage gaps at the bottom. This conclusion holds true under various robustness tests. However, the shrinking effective minimum wage has created a downward drag on wages, thus widening wage gaps at the bottom. The shrinking effective minimum wage contributed 150%,53.8%,45.5% and16.7% to the wage gaps at the 10 th, 20 th, 30 th and 40 th percentiles compared with the 50 th percentile. Therefore, the key to ensuring the effectiveness of minimum wages lies in the implementation of an automatic adjustment mechanism correlated with macroeconomic indicators. Compliance with minimum wages must be guaranteed and change in minimum wages must be measured with relative value.展开更多
Corruption which means the use of public power for private interests is one of the most important problems either in less developed and developing countries or developed countries. Especially in less developed and dev...Corruption which means the use of public power for private interests is one of the most important problems either in less developed and developing countries or developed countries. Especially in less developed and developing countries, corruption is a serious obstacle in front of economic development. Corruption is raised from deficiency in democracy, deficient judgement, unfair elections and dependent media sector includes bribery, embezzlement, forgery, fraud, favouritism, nepotism and illegal beneficial use of public authority. The aim of the paper is to determine the causal relationship between corruption and basic macro-economic indicators. For this purpose, in this study, the basic mic indications such as import, export, budget deficit, manufacturer price index are taken into account as variables to examine their relation with corruption. By getting use of the data obtained from CPI index, the relation between the variables is examined using the T-Test. Furthermore, to determine the causality among all the variables, correllation analysis is applied to present causal relations between the corruption and macro-economic variables. The findings concluded that there is a significant correlation among corruption, manufacturer price index and export-import. However, there is no significant correlation with budget deficit.展开更多
基金a result of the Youth Program of the National Natural Science Foundation of China(Grant No.:7140328971403307)
文摘On the basis of extending Lee's(1999) model, this paper resolves the problem of biased division in the specification of equation and employs Urban Household Survey(UHS) data,China Household Income Project(CHIP) data and county-level minimum wage data collected by authors to investigate the wage distribution effects of change in the effective minimum wages measured by relative value. The result shows that the effective minimum wage will exert a significant spillover effect on wage distribution at the40 th percentile and below, which is favorable to reducing wage gaps at the bottom. This conclusion holds true under various robustness tests. However, the shrinking effective minimum wage has created a downward drag on wages, thus widening wage gaps at the bottom. The shrinking effective minimum wage contributed 150%,53.8%,45.5% and16.7% to the wage gaps at the 10 th, 20 th, 30 th and 40 th percentiles compared with the 50 th percentile. Therefore, the key to ensuring the effectiveness of minimum wages lies in the implementation of an automatic adjustment mechanism correlated with macroeconomic indicators. Compliance with minimum wages must be guaranteed and change in minimum wages must be measured with relative value.
文摘Corruption which means the use of public power for private interests is one of the most important problems either in less developed and developing countries or developed countries. Especially in less developed and developing countries, corruption is a serious obstacle in front of economic development. Corruption is raised from deficiency in democracy, deficient judgement, unfair elections and dependent media sector includes bribery, embezzlement, forgery, fraud, favouritism, nepotism and illegal beneficial use of public authority. The aim of the paper is to determine the causal relationship between corruption and basic macro-economic indicators. For this purpose, in this study, the basic mic indications such as import, export, budget deficit, manufacturer price index are taken into account as variables to examine their relation with corruption. By getting use of the data obtained from CPI index, the relation between the variables is examined using the T-Test. Furthermore, to determine the causality among all the variables, correllation analysis is applied to present causal relations between the corruption and macro-economic variables. The findings concluded that there is a significant correlation among corruption, manufacturer price index and export-import. However, there is no significant correlation with budget deficit.
