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Who Wins on Wage Decision:An Empirical Study of the Effects of Bargaining Power on Wages in China

机译:谁在工资决定上获胜:议价能力对中国工资影响的实证研究

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This paper employs the analysis framework and the two-tier stochastic frontier model proposed by Kumbhakar and Parmeter (2007) as well as the dataset of China Health and Nutrition Survey (CHNS) to identify and estimate the impact of bargaining power on wage rate in China.The preliminary econometric analysis shows that in China the firms are much more powerful than the workers in bargaining wage contracts.Consequently,the wage rate is much lower than the benchmark level determined by the human capital and productivity level.While this difference between the actual wage rates and the benchmark levels can also be observed in other countries including the United States,it is of heightened significance in China.The average difference is as high as 16% in China,while in the US it is only about 3% according to Kumbhakar and Parmeter (2007,2009).Low-wage earner has less bargaining power and is more vulnerable to market shocks.Our study will shed light on a heated topic which is the share of labor's compensation to GDP decreased from 56% in 1990 to 48% in 2009.Our conclusion is that in order for China to harmonize the labor relations,the bargaining structure of the labor market needs to be well regulated through institutional changes to increase the share of labor's compensation to GDP and low-wage earner's welfare.
机译:本文利用Kumbhakar和Parmeter(2007)提出的分析框架和两层随机前沿模型以及中国健康与营养调查(CHNS)的数据集来识别和估算议价能力对中国工资率的影响初步的计量经济学分析表明,在谈判工资合同方面,中国的公司比工人强大得多。因此,工资率远低于人力资本和生产率水平所确定的基准水平。在包括美国在内的其他国家,也可以观察到工资率和基准水平,这在中国具有重要意义。根据美国的统计,中国的平均差异高达16%,而在美国,平均差异仅为3%。 Kumbhakar和Parmeter(2007,2009)。低收入者的议价能力较低,更容易受到市场冲击。博尔对国内生产总值的补偿从1990年的56%下降到2009年的48%。我们的结论是,为了使中国的劳资关系和谐,需要通过制度变迁来很好地调节劳动力市场的讨价还价结构,以增加劳动力的议价权。劳动对GDP的补偿和低收入者的福利。

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