Effects of financial development and capital accumulation on labor productivity in sub‑Saharan Africa:new insight from cross sectional autoregressive lag approach

This study aims to shed light on the effects of financial development and accumula-tion of capital on the productivity of labor in the sub-Sahara African region within the period of 1990–2018.In this work,we used the(dynamic)common correlated effects estimator-mean group and additional techniques such as cross-section autoregressive distributed lag to calibrate the sample into the African subregion to ensure robustness.The findings reveal that financial progress in the region over time leads to an increase in productivity of labor and also the accumulation of capital.Furthermore,financial markets have a progressive impact on the productivity of labor within sub-Saharan African regions.We extend the very limited literature on the nexus between financial development and labor productivity by incorporating capital accumulation into our model which has not been previously studied.

Agricultural Land Use Responses to the Rising Labor Opportunity Cost in Sui County,China

Rising labor opportunity cost is one of the most important characteristics of farmers' economic environment in present China,and brings great agricultural land use changes correspondingly.Based on the stratified random sample of rural households in Sui County,this paper estimates the opportunity cost of farm labors,and then analyzes its effect on farmers' agricultural land use decisions.The findings show that the households with higher labor opportunity cost are more likely to reduce labor intensity and increase labor-saving input in their land use decisions.From the descriptive analysis,we also find these households always prefer grain crop planting,reduce yield-raising input or even rent out their cultivated land.As labor and yield-raising input are two essential positive factors for grain production,continuous declining of labor input and yield-raising input caused by rising labor opportunity cost may influence the grain yield per unit area in the future.

Spatio-Temporal Impact of Rural Livelihood Capital on Labor Migra- tion in Panxi, Southwestern Mountainous Region of China

Labor migration to urban centers is a common phenomenon in the Panxi region of the southwestern mountainous region of China, mainly owing to inadequate livelihood capital in rural areas. Numerous studies have been conducted to explore the relationship between labor migration and its causes, such as individual and family characteristics, but few studies have focused on livelihood capital. This paper examines the impact factors on labor migration employment location selection and duration from a household livelihood capital perspective. A case study of 279 households from 10 villages in the area was carried out in February 2016. We used both qualitative and quantitative methods to analyze the data. On the basis of the 279 questionnaires, the proportion of households with non-labor migration is 48.4%, whereas households with labor migration within a local city and migration across regions account for 28.7% and 22.9%, respectively. Social, financial, and human capitals are the primary factors that influence migrants' employment location choice positively. Among them, social capital has a significant impact on both migration within a local city and across regions; each of the regression coefficients is 1.111 and 1.183. Social, human, and financial capitals also have a positive impact on the duration of labor migration, and similarly, social capital is the highest coefficient with 2.489. However, physical capital only partly impacts labor migration across regions, whereas the impact of labor migration within a local city, and the duration, are not significant. Furthermore, the impact of household natural capital on migration space and time are all negative relationships, especially for labor migration across the regions and duration, with coefficient scores of 4.836 and 3.450, respectively. That is to say, a laborer is inclined to migrate within a local city for a short term, or not migrate at all, if natural capital is abundant. Our analysis results show that household livelihood capital has a strong spatio-temporal impact on labor migration.

The “Glocal” Dynamics of Construction Labor and Digital Architecture: Preston Scott Cohen’s Addition to the Tel Aviv Museum as Case Study

Globalization and technological change are transforming the ways in which buildings are being designed and built. An overlooked aspect of this development is its impact on construction labor, and the significance of labor for assessing the work of architecture. The paper draws upon the sociological concept of the “glocal” to analyse the construction site as the product of the tension between global and local conditions of architectural production and consumption. The construction of Preston Scott Cohen’s 2010 Tel Aviv Museum Addition serves as its case study for theorizing the “glocal” dynamics of digital architecture, building technology and construction labor. This methodological approach highlights the role of migrant guest workers and technological transfer in contemporary construction culture. To realize with precision the complex design under local constraints, the contractor developed a hybrid work process that interspersed labor saving automated manufacturing techniques with artisanal, skilled construction work. In addition, workers and contractors exercised a high level of control over the pace and method of construction, and devised building solutions which improved upon the architect’s design. In conclusion, the paper argues that construction activity differs from broader trends in manufacturing due to the self-reflexivity of architectural design to its condition of production, but that at the same time, this critical capacity is enabled by the globalization of construction labor.

Differing Effects of Intra-Product International Division of Labor on Technological Progress:Comparing Proactive Participation with Passive Inclusion

This paper has identified two models of intra-product international division of labor:the model of passive inclusion and the model of proactive participation.Their difference is essentially whether participation in international division of labor is dominated by multinational firms or by local firms.At the level of representative sectors,some characteristic variables of participation in international division of labor demonstrate significant industry differences.Models of division of labor affect technology progress.According to the empirical analysis result at the micro-level of four sectors,no matter for export or the contribution of learning by doing to corporate technology progress,the model of proactive participation is superior to the model of passive inclusion;under the model of passive inclusion,the technology spillover effect of import is smaller than "learning by doing " effect;under the model of proactive participation,technology spillover effect is over two times the "learning by doing" effect.

Effects of Commodity Trade Structure Variations on Labor' s Share of Income in China——An Empirical Study Based on Data of Production Industry Sectors

Proceeding from trade structure variations,this paper provides a new perspective on the study of the share of labor income in China.China's commodity trade structure has experienced a step change in recent years.According to theoretical analysis,trade exerts not only a direct effect on the share of labor income through international division of labor and specialization but also an indirect effect through factor intensity variations and technology progress bias.Empirical study discovered that export has a significant negative effect on the share of China's labor income while import has a positive effect.Import and export have different levels and directions of effect on sectors with different factor intensity.

Research on Labor Reallocation Efficiency of State-owned Industries

This article,which is based on panel data of Chinese state-owned industrial enterprises over the period 2006-2011,analyzes Labor reallocation Efficiency of State-Owned Enterprises with Syrquin＇s analysis of the total Reallocation effect of Resources. The results show that：①Labor allocation efficiency keeps a high level all the time;②The contribution that labor Reallocation efficiency makes to the growth of labor productivity has been at a low rate. Therefore, our government had better deepen the reform of state-owned enterprises and the evolvement of marketization

The Research on Determinants of Moving Labors’ Settlement in Urban Area

Based on the analysis of the factors affecting the migration of moving labor and the explanation of becoming permanent urban residents,this research takes migration mode(migration) as the dependent variable,sex(sex) ,age(age) ,monthly income(income) ,education degree(edu) ,working experiences(exp) ,social relation(relation) ,and social security(security) as the independent variables.According to the investigation of China Agricultural University in the year 2009,Logistic Binary Choice Model is used to construct the corresponding econometric model and to measure the effects of influencing factors on the selection of migration mode.Result shows that education degree,personal ability,social relation,and social security are the major influencing factors determining the peasant households becoming permanent urban residents;and human capital and social security construction are of great significance to the improvement of farmers’ income and life quality.

Did the Labor Contract Law Affect the Capital Deepening and Efficiency of Chinese Private Firms?

Since the implementation of the Labor Contract Law (LCL) in 2010, a significant increase in the capital/labor ratio, known as capital deepening, has occurred in private firms in China. However, the cause and impact of the capital deepening is still in question, as either technological change or a higher cost of labor might cause it. Using data from the Chinese Private Enterprise Survey in 2008 and 2012, two critical findings are reported in this study. First, pension coverage significantly affected the capital/labor ratio in private firms after 2010. Second, large private firms are able to generate higher total factor productivity after the implementation of the LCL because they can adjust their production function more easily than smaller competitors. These findings have policy implications for reforms in the Chinese labor market.

How beneficial are relational capital and technology orientation for innovation?Evidence from Mexican SMEs

Globally,small and medium-sized enterprises(SMEs)are engines of economic growth and job creation.After the pandemic,innovation activities have become more critical than ever as a generator of competitiveness.Therefore,we need to better understand the factors that lead to innovation in SMEs.This study aims to analyze the role of relational capital and technology orientation in innovation to appreciate its final impact on firm performance.The main results reveal a strong positive effect of relational capital on innovation,but the effect is not so strong as firm performance.We also found a strong positive effect of relational capital on technology orientation.Finally,we offer some clues in the debate on technology as a source of innovation and how relational capital and technology orientation are related to a firm’s performance.The results reveal significant implications for innovation policies and relational capital strategies for SMEs.

Social networks, social capital,and the use of information technology in the urban village:A study of community groups in Manchester, England

Underresourced or socially excluded communities in Manchester, England demonstrate active use of information technologies despite continuing digital inequalities.A systematic look at 31 grassroots community groups, at how they use IT and who helps them, reveals possible mechanisms towards a more inclusive network society. Social network and social capital theories help make apparent how people are self-organizing with respect to information technology in ways that reach across ethnicity, class, gender, and generations for skilled help, yet stay close to their strong-tie, bonding-social-capital networks, relying largely on people in their own communities. Based on 25 measures of IT use, the groups fall into three progressively more extensive categories: Downloaders(using computers and the Internet, particularly e-mails), uploaders(maintaining a group web presence), and cyberorganizers(helping others to become uploaders or downloaders). These categories align with each individual group's purpose.

An explanation of labor migration and grain output growth:Findings of a case study in eastern Tibetan Plateau

Although there has been rapid rural-urban migration in rural China since the 1980s, the total grain production of China saw a continuous increase. As of today, the relationship between labor migration and grain output growth remains partial and contradictory. The main aim of this empirical study is to examine some specific measures adopted by peasants to deal with labor shortage and maintain grain output growth. Using tracking survey, participatory rural appraisal methods, and land plot investigation, we investigate 274 households and 1405 arable land plots in four villages in two stages in Jinchuan county, southwestern China. The results show that continuous emigration of labor from the four villages caused the abandon- ment of a small amount of land, decreased labor intensity, and reduced multiple cropping index, shifting from ＂corn-wheat＂ multiple cropping pattern to the ＂corn＂ cropping pattern, which means labor shortage in some households. At the same time, owing to surplus labor in the villages, the peasants utilize a series of means to offset the negative impacts of labor migration on grain output, such as cropland transfer, labor exchange in the busy seasons, and the substitution of capital and technology for labor. The econometric analysis also shows that labor migration boosts grain production. This study provides a reasonable explanation of grain output growth under rural-urban migration.

China's Industrial Upgrade and Human Capital Improvement

Based on statistics, this paper reviews China＇s economic growth and industrial upgrade since the reform and opening up in 1978 and estimates the contribution of industrial restructuring to economic growth. With the years of schooling as the proxy variable of human capital, this paper describes changes in China＇s labor competence during the industrial restructuring process. Then, this paper estimates China＇s future human capital demand and shortage based on economic and demographic forecast. Lastly, this paper proposes recommendations for improving human capital in China with skills development and education.

Application of 3S Technology in Dynamic Monitoring of Capital Farmland

Firstly,this paper introduces current situations of protection of capital farmland. According to current situations,it analyzes significance in protecting capital farmland and significance and functions of application of 3S technology in dynamic monitoring of capital farmland. With the aid of examples,it discusses functions of remote sensing and GIS in dynamic monitoring of capital farmland. It is believed that 3S technology not only can provide accurate parcel data of capital farmland changes for reviewing land change survey,but also can provide data for monitoring development situations of capital farmland,as well as provide basic current information for decision-making department.

Marx's Labor Theory of Value and Its Implications for Structural Problems in China's Economy

This paper computes the values of commodities(including fixed capital) as well as production prices in China's economy. In light of Marx's transformation problem, the ratios of production prices to the values of 24 major commodities are computed. It is shown that the ratio of price to value in agriculture is the lowest, which indicates that agriculture is facing an unequal exchange of labor with other sectors.

Research on Human Capital and Higher Education Based on the Perspective of Employment of College Students

The status of human capital should match economic development. Researching the unemployment of college students firstly needs to know about the economic development stage and economic structure in China. Employment of college students not only is the problem of unbalanced supply and demand of college students, but also has close relationship with supply-demand relationship of higher education market. Employment of college students has relationship with two markets, education market and labor market, in which higher education supply is middle. For two markets, the decision-making subject make the optimal decision according to the principle that marginal income is equal to marginal cost. Under the specific economic development stage and economic structure in China, the family has greater requirement on higher education in education market, and the supply of higher education is insufficient. For labor market, economic development is difficult to fully absorb the existing college graduates, and the supply of higher education is excess. The imbalance of two markets causes the increase of supply pressure of higher education and idle human resource.

The Economic Growth with the Flows of Capital ＆ Technology

The difference of regional economy comes from capital dissymmetry, technology dissymmetry, manpower dissymmetry and the information dissymmetry. In the knowledge-based economic ages, globalization and information exceed any age of the history. It provides the new terrace for the balanced development of global economy. The flows of capital and technology improve the regional dissymmetry of production factor. By establishing circulating channels, the flows of the production factor will be enlarged. This will raise the distribution efficiency of global resources and lead to the global economic growth.

Technology and Society in the Digital Era

The article discusses the emergence of some major catches throughout the present digital era. It reviews the discrepancy between the technology rate of advancement and human-beings’ ability to follow, comprehend, and adjust to it. This is, in essence, the articles’ subject matter. Several issues are analyzed about their relationships with the technological advancement. Among them are: basic knowledge and trivia, high education, human-touch decreasing, communication and media, freedom and responsibility, culture, bureaucracy, and population inquiry methods. At the last section, the social-capitalism idea is presented and proposed to be the political-economic platform of contemporary era. The proposed manifesto, which rests on collaboration, balanced activity, and common interest, refers to the following points: a. Firm’s goals should contain three elements1;b. competition is just one of other motivation factors;c. government involvement in economy is a real must;d. local and global considerations should be balanced;and e. social services The digital era/age represents a remarkable period of many technological achievements. Technical accomplishments achieved during the past 50 years, well surpassed almost all the advancements invented from the early days of history, some 5,000 years back. This achievement just demonstrates the smartness and talent, ingenuity, and wisdom of the members of Western civilization. However, it is a sad fact that since the early days of civilization, a permanent race took place between technological advancement and people or society development. This unfortunate race took place from those early days when science, philosophy, and arts were created and executed by gifted individuals that were only few and scarce until today. It is a known fact that only a small number of scholars were able to write and read the scripts of the early Egyptians or the wit of the ancient Greeks. The rest of those people, the majority, remained illiterate and ignorant. Similarly, the printing technology that was invented in the 15th century and enabled books and printed matter to be more popular and available did not terminate illiteracy. Nevertheless, 500 years had to pass until, due to public schooling, education prevailed and illiteracy was defeated. Usually, throughout history, one can see that technology advances faster and more rapidly than the ability of human beings or societies to accept, practice, and maximize their use of it. This permanent gap between two of the leading trends in manhood grows even faster during the as a security-net must be maintained. It is assumed that such a balanced policy will enable a continual course of creative prosperity combined with stable fair and happier life for all.

Arrangement and analysis of processing technology of Anguo traditional Chinese medicine: Taking Chinese patent medicine making process as an example

Processing of traditional Chinese medicine is a traditional pharmaceutical technology in China.The processing technology and methods in different places have their own characteristics.Anguo County,known as Qizhou in ancient times for its well-developed pharmaceutical industry,is known as"millennium medicine capital"and"the world's first pharmaceutical market".It is one of China's famous distribution centers of medicinal materials.Its traditional medicinal material processing and processing technology has high popularity.However,Influenced by inheritance mode and mechanical modernization,A large number of processing techniques of traditional Chinese medicine are in danger of being lost.This article focused on the traditional manufacturing process of Anguo's Chinese patent medicine.Relying on the literature,we collected and organized the Chinese patent medicine of Anguo,analyzed its varieties,sources of prescriptions and processing technology,which improves the understanding of Anguo's traditional Chinese medicine processing technology and its cultural connotation and provides a research basis for its inheritance and development.

Financial Capital Deepening, Technological Progress and Industrial Structure Upgrading

A necessary condition for realizing macroeconomics is to rationally upgrade the industrial structure.In this process of upgrading,financial capital deepening and technological progress are important ways to promote the upgrading of industrial structure.From an endogenous perspective,this essay explores the internal links between financial capital deepening,technological progress,and industrial structure upgrading.The analysis shows that factors of technological progress have not make a tremendous impact on the upgrading of Chinese industrial structure,nor are they a positive reason for promoting the development of the industry to a higher level.The deepening of financial capital obviously promotes the optimization and upgrading of industrial institutions,which is its main factor.