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 …

Starting in the late 1990s, China undertook a dramatic transformation of the large number of firms under state control …

Starting in the late 1990s, China undertook a dramatic transformation of the large number of firms under state control …

Starting in the late 1990s, China undertook a dramatic transformation of the large number of firms under state control …

economic miracle, elasticities of real wages to productivities - that is the ratios of rates of variations of the former to the … determination processes. The low elasticities of wages to productivity are plausibly the consequence of the massive flow of migrant …