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

목차 (Table of Contents)

• CONTENTS
• 1 Introduction = 1
• 1.1 Background = 1
• 1.2 Research Method and Data = 3
• 1.2.1 Research Method = 3
• 1.2.2 Research Data = 4
• 1.3 Research Ideas and Contents = 6
• 1.4 Contributions = 8
• References = 10
• 2 Research Development of Theories and Empirics of Factor Income Distribution = 11
• 2.1 Measurement Issues of the Labor's Share of Income = 12
• 2.2 Methods for Measuring the Labor's Share of Income = 14
• 2.2.1 Treatment on the Net Taxes on Production = 14
• 2.2.2 Distribution of Labor and Capital in Proprietors' Income = 15
• 2.2.3 Adjustment of the Labor's Share Through Employment Numbers = 17
• 2.2.4 Methods for Distinguishing Raw Labor and Human Capital = 18
• 2.3 Theories of Determination of the Labor's Share of Income in Autarky = 20
• 2.3.1 Early Theoretical Studies About Determination of the Labor's Share of Income = 20
• 2.3.2 The Relationship Between the Labor's Share of Income and the Capital Output Ratio = 25
• 2.3.3 The Impact of Technological Progress on the Labor's Share of Income = 27
• 2.3.4 The Impacts of Imperfect Competition on the Labor's Share of Income = 30
• 2.3.5 The Impacts of Labor Heterogeneity on the Labor's Share of Income = 32
• 2.4 The Deterministic Theory of Labor's Share of Income Under Economic Globalization = 34
• 2.4.1 The Labor's Share of Income in the Neoclassical Trade Model = 34
• 2.4.2 Trade in Intermediate Inputs and the Labor's Share of Income = 35
• 2.4.3 Foreign Direct Investment and the Labor's Share of Income = 37
• 2.5 The Deterministic Theory of Labor's Share of Income During Economic Transition = 39
• 2.5.1 The Evolution of Labor's Share of Income in the Post Modernization = 39
• 2.5.2 The Movement of the Labor's Share of Income in Dual Economy = 40
• 2.6 The Empirical Analysis of the Determination of the Labor's Share of Income = 41
• 2.6.1 The Dispute About Stability of Labor's Share of Income = 41
• 2.6.2 The Structural Factors of the Labor's Share of Income = 42
• 2.6.3 The Determinist Factors of the Labor's Share of Income = 46
• 2.7 Inspiration of Current Studies and Future Direction = 52
• References = 55
• 3 Structure Factors in the Movements of Labor Income Share : Comparison Analysis of Income Approach of GDP and Flow of Funds Account of China = 59
• 3.1 Introduction = 59
• 3.2 The Movements of Total Labor's Share of Income and Its Modifications = 61
• 3.3 Structural Factors of Sectoral Change of the Labor's Share of Income = 63
• 3.4 The Volatility of the Labor's Share of Income and Its Decomposition = 68
• 3.4.1 The Comparison of Volatility of the Labor's Share of Income = 68
• 3.4.2 Decomposition of Volatility of the Labor's Share of Income = 69
• 3.5 Conclusion and Policy Implications = 72
• References = 74
• 4 Unbalanced Economic Growth and Uneven National Income Distribution = 75
• 4.1 Introduction = 75
• 4.2 Labor's Share of Income in National Income Distribution = 77
• 4.2.1 Dealing with Net Taxes on Production = 78
• 4.2.2 Division and Revision of Proprietors' Income = 79
• 4.2.3 Movement of Labor's Share of Income Since Reform and Opening up = 81
• 4.3 Dividing National Income into Raw Labor and Human Capital = 82
• 4.4 Extended MRW Growth Model = 87
• 4.5 Distribution Pattern Along the Unbalanced Growth Path = 90
• 4.6 Conclusions and Policy Implications = 92
• Appendix = 94
• References = 102
• 5 Estimation and Analysis of Movements of Real Labor's Share of Income = 105
• 5.1 Introduction = 105
• 5.2 Current Estimation of the Labor's Share of Income and Its Limitation = 106
• 5.2.1 The Data Sources of Estimating the Labor's Share of Income = 106
• 5.2.2 Current Estimation Method of the Labor's Share of Income = 108
• 5.2.3 Limitation of Estimating the Labor's Share of Income = 108
• 5.3 Distinguish the Nominal and Real Labor's Share of Income = 110
• 5.3.1 Theoretical Model = 110
• 5.3.2 Estimation of the Nominal and Real Labor's Share of Income in China = 112
• 5.3.3 Estimating Provincial Nominal and Real Labor's Share of Income = 114
• 5.3.4 Discussion About the Change of the Real Labor's Share of Income and U-Shape Turning Point = 117
• 5.4 Conclusion and Policy Implication = 120
• References = 121
• 6 Decomposition and Mechanism of Movement of China's Labor's Share of Income = 123
• 6.1 Introduction = 123
• 6.2 Decomposing the Change of the Labor's Share of Income = 125
• 6.2.1 Decomposition Equations of the Change of Labor's Share of Income = 125
• 6.2.2 Decomposing the Change of Labor's Share of Income in China = 126
• 6.2.3 Decomposing Provincial Labor's Share of Income = 130
• 6.3 The Theoretical Mechanism of the Change of Labor's Share of Income = 133
• 6.3.1 The Theoretical Model of Labor's Share of Income and Its Expansion = 133
• 6.3.2 Variables and Theoretical Hypothesis = 136
• 6.4 The Empirical Analysis of the Change of the Labor's Share of Income in China = 139
• 6.4.1 Econometric Results of the Level Equations = 139
• 6.4.2 Econometric Results of the Difference Equations = 143
• 6.5 Conclusion and Policy Implication = 147
• References = 149
• 7 Change of Trade Mode and Decrease of Labor's Income Share : Empirical Evidence from China's Industrial Sector = 151
• 7.1 Introduction = 151
• 7.2 Industrial Differences and Decomposition of Labor's Share of Income = 153
• 7.2.1 Industrial Differences of Chinese Labor's Share of Income = 153
• 7.2.2 Decomposing Labor's Share of Income Within the Industrial Sector = 155
• 7.2.3 Robustness Test from Input-Output Table = 157
• 7.3 Empirical Model and Data Description = 159
• 7.3.1 Trans-Log Cost Function Model = 159
• 7.3.2 Explanatory Variables and Data Description = 160
• 7.4 Empirical Results and Discussion = 163
• 7.4.1 Empirical Results = 163
• 7.4.2 Robustness Test = 165
• 7.4.3 Discussion of Empirical Results = 166
• 7.5 Conclusion and Policy Implications = 168
• Appendix = 169
• References = 179
• 8 Firm Heterogeneity, Ownership Structure and Labor's Share of Income = 181
• 8.1 Introduction = 181
• 8.2 Theoretical Model = 184
• 8.3 Data and Statistical Facts = 188
• 8.4 Empirical Model, Variables and Estimation Methods = 192
• 8.5 Empirical Tests and Discussion = 195
• 8.6 Conclusion and Policy Implication = 199
• Appendix = 201
• References = 202
• 9 Conclusions and Policy Implications of this Book = 205
• 9.1 Main Conclusions = 207
• 9.2 Policy Implications = 210
• 9.3 Future Direction of Study = 212
• References = 213
• Bibliography = 215