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Do firms in China share rents with their workers? We address this question by examining firm-level panel data covering virtually all manufacturing firms over the period 2000-2007, representing an average of 200,000 firms and 54 million workers per year. We find robust evidence of rent sharing...
Persistent link: https://www.econbiz.de/10012005870
Do firms in China share rents with their workers? We address this question by examining firm-level panel data covering virtually all manufacturing firms over the period 2000-2007, representing an average of 52 million workers per year. We find evidence of rent sharing (RS), with wage-profit...
Persistent link: https://www.econbiz.de/10012145570
Local labour market concentration may influence firms' employment responses to minimum wages. We evaluate this hypothesis using comprehensive 1998-2007 data on China's manufacturing sector and about 1,400 hand-collected county-level minimum wages. We find that, consistently with monopsony views,...
Persistent link: https://www.econbiz.de/10015075276