Title: Relationship between Wage and Labor Productivity:Pattern and Explanation
Abstract: By using a large scale firm-level dataset and by focusing on the relationship between wage and labor productivity,this paper documents some fact about wage and labor productivity in China's manufacturing industries.It shows that the growth of labor productivity has been much faster than that of wage in China's manufacturing industries since late the 1990s,and the difference between them is increasing over time,while the correlation between then is decreasing.The relationship between firms' labor productivity and wage is significantly impacted by their ownership structure,scale,capital-labor ratio and export dependence ratio.
Publication Year: 2012
Publication Date: 2012-01-01
Language: en
Type: article
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