Download ~ Labor’s Share of Income ~ by Minghai Zhou ~ eBook PDF Kindle ePub Free

eBook details

Title: Labor’s Share of Income
Author : Minghai Zhou
Release Date : January 30, 2015
Genre: Economics,Books,Business & Personal Finance,
Pages : * pages
Size : 2384 KB

Description

This book analyzes the decrease in labor share in China, which is a ratio of national income distribution to capital at three different levels (macro, meso, and micro) and from three different perspectives (growth, transition and opening up). The worsening income distribution has been a key issue for both Chinese and global economies in recent decades. The book shows that the decrease in labor share is closely related to economic growth, increasing extent of globalization, and firms with heterogeneous characteristics. Moreover, the book explains income inequality in detail, focusing on China’s increasingly important and emerging economy.