Changes in labor share of China: A micro-level anatomy

被引:0
作者
Zhang, Junsen [1 ]
Yu, Qi [1 ]
Zhou, Kang [1 ]
机构
[1] Zhejiang Univ, Sch Econ, Hangzhou, Peoples R China
来源
CHINA ECONOMIC QUARTERLY INTERNATIONAL | 2025年 / 5卷 / 02期
关键词
Labor share; Market share; Composition effects; DECLINE; PRODUCTIVITY; GROWTH; RISE;
D O I
10.1016/j.ceqi.2025.05.002
中图分类号
F [经济];
学科分类号
02 ;
摘要
Using comprehensive firm-level databases, we study the micro-basis of different trends in aggregate and individual labor shares in China's manufacturing sector during 1998-2016. We find that (1) redistributing value added towards the bottom of labor share distribution causes the decline of aggregate labor share; (2) the redistribution effect is driven by firms gradually increasing market share and reducing labor share; and (3) state-owned enterprises contribute significantly to the changes in aggregate labor share. The analysis of this paper enhances the understanding of the changes in China's labor share from the perspective of dynamic change of micro-firms.
引用
收藏
页码:85 / 101
页数:17
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