Have Chinese firms become smaller If so why is popular PDF and ePub book, written by Yang, Qiming in 2016-09-23, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Have Chinese firms become smaller If so why can be Read Online from any device for your convenience.
Have Chinese firms become smaller If so why Book PDF Summary
Normally as an economy develops, firm sizes increase. However, as measured by the employment rate, the firm size in China declined from 2004 to 2008. In this paper, we develop a structural dynamic model with heterogeneous workers to study the relative contributions of three factors to declining firm size: rising real wages, implementation of minimum wages, and the introduction of a new national labor contract law. While rising wages make a sizeable contribution, we find that the new labor law plays a dominant role in solving the puzzle. In comparison, the impact of minimum wages is more muted.
Detail Book of Have Chinese firms become smaller If so why PDF
- Author : Yang, Qiming
- Release : 23 September 2016
- Publisher : Intl Food Policy Res Inst
- ISBN : 978186723xxxx
- Genre : Business & Economics
- Total Page : 36 pages
- Language : English
- PDF File Size : 9,7 Mb
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