Labor's share of income: Another key to understand China's income inequality

Minghai Zhou

doi:10.1007/978-981-10-0173-4

Labor's share of income: Another key to understand China's income inequality

Minghai Zhou

School of Economics

Research output: Book/Report › Book › peer-review

9 Citations (Scopus)

Abstract

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.

Original language	English
Publisher	Springer Singapore
Number of pages	218
ISBN (Electronic)	9789811001734
ISBN (Print)	9789811001727
DOIs	https://doi.org/10.1007/978-981-10-0173-4
Publication status	Published - 1 Jan 2016

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 1 No Poverty
SDG 8 Decent Work and Economic Growth
SDG 10 Reduced Inequalities

ASJC Scopus subject areas

Economics, Econometrics and Finance (all)
General Business,Management and Accounting

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10.1007/978-981-10-0173-4

Cite this

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Labor's share of income: Another key to understand China's income inequality

Abstract

UN SDGs

ASJC Scopus subject areas

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