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Institutional and market frictions impose costs on the reallocation of labor from low to high productivity sectors, leading to suboptimal allocations and a loss in aggregate labor productivity. Using cross-country sector-level data, we use a dynamic panel error correction model to compute the...
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Nine papers by various authors discussing aspects of economic reform in China over a 20 year period. … Hasenstab -- 7. Labour market reform / Xin Meng -- 8. Changing income distribution in China / Li Shi -- 9. Review of economic … reform in China: features, experiences and challenges / Zhao Renwei …
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1. Introduction -- 2. Economic reform and its industrial and social impact -- 3. Management, workers and conditions of employment -- 4. Worker representation and emerging roles for trade unions -- 5. Enterprise performance and intangible management -- 6. Market-oriented economic reform and the...
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