【主讲】杨涛 教授 (香港中文大学)
【主题】Accounting for Rising Wages in China
【时间】2011年11月24日 (周四) 15：30-17：00
【地点】上海财经大学经济学院楼801室
【语言】英文
【摘要】Using a unique national sample of Urban Household Surveys, we document several profound changes in the wage structure in China during a period of rapid economic growth. Between 1992 and 2007, the average real wage increased by 202 percent, accompanied by a sharp rise in wage inequality. Decomposition analysis reveals that 80 percent of this wage growth is attributable to higher pay for basic labor, rising returns to human capital, and increases in the state-sector wage premium. Employing an aggregate production function framework, we account for the sources of wage growth and wage inequality in China in the face of rapid globalization and economic transition. We find capital accumulation, export expansion, and skill-biased technological change to be the primary forces behind the recent wage explosion in China.
