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The need to lay off redundant employees emerged as an important policy issue in urban China in the 1990s. The degree of over-manning can be estimated by comparing estimates of the marginal product of labor with estimates of the full wage, including bonuses, subsidies, and non-cash benefits. We...
Persistent link: https://www.econbiz.de/10008690526
We study the evolution of employment and wage outcomes in Chinese SOEs during the first decade of economic reforms, studying a panel of data for almost 1000 enterprises covering the years 1980-90. Despite the consensus on the persistence of labor redundancy in the SOE sector, we find that...
Persistent link: https://www.econbiz.de/10009476777
We examine the contrast in the experience of ownership reforms between urban SOEs and rural TVEs using a panel of industrial enterprises in Nanjing municipality for the period from 1994 to 2001. Our objectives are twofold. First, we study how the reform program of “grasp the large and let go...
Persistent link: https://www.econbiz.de/10009477442
We examine the contrast in the experience of ownership reforms between urban SOEs and rural TVEs using a panel of industrial enterprises in Nanjing municipality for the period from 1994 to 2001. Our objectives are twofold. First, we study how the reform program of “grasp the large and let go...
Persistent link: https://www.econbiz.de/10005784794
Persistent link: https://www.econbiz.de/10005262391
Persistent link: https://www.econbiz.de/10005266236
Persistent link: https://www.econbiz.de/10005266250
We study the evolution of employment and wage outcomes in Chinese SOEs during the first decade of economic reforms, studying a panel of data for almost 1000 enterprises covering the years 1980-90. Despite the consensus on the persistence of labor redundancy in the SOE sector, we find that...
Persistent link: https://www.econbiz.de/10005677409
This paper concerns employment and wage determination in the state industrial sector in China, focusing on the pre-reform era as a baseline. We argue that in that period, the sector faced an upward sloping supply curve of labor, and we provide statistical evidence for this proposition. We then...
Persistent link: https://www.econbiz.de/10005677411
We study the evolution of employment and wage outcomes in Chinese SOEs during the first decade of economic reforms, using a panel of data for almost 1000 enterprises covering the years 1980-90. Unlike the 1990s, which were marked by growing labor redundancy in the SOE sector, we find that...
Persistent link: https://www.econbiz.de/10005542232