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Why rapid urbanization can’t improve employment absorption capacity of service industry in China:reflections on innovating the model of interaction between service industry development and urbanization under economic transformation and upgrading
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作者 Zeng Shihong Xia Jiechang 《China Finance and Economic Review》 2016年第2期58-70,共13页
Mathematical models show that the urbanization process is an important factor affecting the transfer of labor among economic sectors.The regression results using time-series data since China’s reform and opening up s... Mathematical models show that the urbanization process is an important factor affecting the transfer of labor among economic sectors.The regression results using time-series data since China’s reform and opening up show that there is significant positive correlation between urbanization and the service industry’s ability to create jobs.However,there is no Granger Causation between them.Therefore,China should shift from focusing on industry park construction to paying more attention to improving urban functions by increasing their employment density of urban services. 展开更多
关键词 service industry’s job creation capacity transformation of city functions employment density of urban services
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Employment Structure,Lewis Turning Point and the Labor Share of Income:Theoretical and Empirical Analysis
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作者 Jiajun Lan Ying Fang Tianping Ma 《China Finance and Economic Review》 2020年第1期43-62,共20页
In the context of the labor market segmentation in China and its reaching the Lewis turning point,this paper interprets the changing trend of the labor share of income in China from the changing perspective of the emp... In the context of the labor market segmentation in China and its reaching the Lewis turning point,this paper interprets the changing trend of the labor share of income in China from the changing perspective of the employment ownership structure.The theoretical analysis reveals that the labor share of income follows a U-shaped curve when the agricultural labor force gradually moves into the private and self-employed sectors.Using the Chinese provincial-level panel dataset between 1990 and 2016,our empirical study finds that there is a critical threshold.When the share of agricultural labor force is above this threshold value,the impact of the increase in the employment share of the urban private sector on the labor share of income is negative.In contrast,the impact becomes positive when the share of the agricultural labor force is less than or equal to this threshold value.Moreover,the impacts of other variables of employment ownership structure don’t show this kind of feature on both sides of this threshold value.The increase in the employment share of the urban private sector accounted for about 29.37%of the growing labor share of income between 2007 and 2016.This paper provides policy implications in the following four areas:institutional guarantee improvement,harmonious labor relations establishment,redistribution policy imposition and economic development pattern transformation. 展开更多
关键词 labor share of income employment ownership structure Lewis turning point urban private sector employment
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