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goals. In the public sector enterprises, it is widely believed that the relationship between wages and their productivity …. The link between wages and productivity is established through two routes-marginal productivity theory and efficiency wage … theory but in different directions. To find the inter-relationship between wages and productivity, public sector enterprises …
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The share of the tertiary sector in China’s value added has increased steadily, overtaking the share of the secondary … greater reliance on the market and greater competition. In the envisaged transition from “made in China” to “created in China … Working Paper relates to the 2015 OECD Economic Survey of China www.oecd.org/eco/surveys/economic-survey-china.htm. …
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May 2000 - Reformers of China's state enterprises should realize that more could be realized from capital transfer than …-owned industrial enterprises in China. Their results indicate the prevalence of low and stagnant labor productivity, low capital … productivity, and excessively high wages in the state sector for the period reviewed (1994-97). The private sector exhibited …
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