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Labor’s Share of Income

Another Key to Understand China’s Income Inequality

Labor’s Share of Income by Minghai Zhou
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US$ 129.00
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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.
Springer Singapore; November 2015
233 pages; ISBN 9789811001734
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Title: Labor’s Share of Income
Author: Minghai Zhou
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