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Author: Yi Huang
Publisher: International Monetary Fund
ISBN: 1498332307
Category : Business & Economics
Languages : en
Pages : 47
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Book Description
This paper provides the first systematic study of how minimum wage policies in China affect firm employment over the 2000-2007 periods. Using a novel dataset of minimum wage regulations across more than 2,800 counties matched with firm-level data, we investigate both the effect of the minimum wage and its policy enforcement tightening in 2004. A dynamic panel (difference GMM) estimator is combined with a “neighbor-pairs-approach” to control for unobservable heterogeneity common to “border counties” that are subject to different minimum wage changes. We show that minimum wage increases have a significant negative impact on employment, with an estimated elasticity of -0.1. Furthermore, we find a heterogeneous effect of the minimum wage on employment which depends on the firm's wage level. Specifically, the minimum wage has a greater negative impact on employment in low-wage firms than in high-wage firms. Our results are robust for different treatment groups, sample attrition correction, and placebo tests.
Author: Yi Huang
Publisher: International Monetary Fund
ISBN: 1498332307
Category : Business & Economics
Languages : en
Pages : 47
Get Book Here
Book Description
This paper provides the first systematic study of how minimum wage policies in China affect firm employment over the 2000-2007 periods. Using a novel dataset of minimum wage regulations across more than 2,800 counties matched with firm-level data, we investigate both the effect of the minimum wage and its policy enforcement tightening in 2004. A dynamic panel (difference GMM) estimator is combined with a “neighbor-pairs-approach” to control for unobservable heterogeneity common to “border counties” that are subject to different minimum wage changes. We show that minimum wage increases have a significant negative impact on employment, with an estimated elasticity of -0.1. Furthermore, we find a heterogeneous effect of the minimum wage on employment which depends on the firm's wage level. Specifically, the minimum wage has a greater negative impact on employment in low-wage firms than in high-wage firms. Our results are robust for different treatment groups, sample attrition correction, and placebo tests.
Author: Shi Li
Publisher: Springer Nature
ISBN: 9811524211
Category : Business & Economics
Languages : en
Pages : 392
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Book Description
This book considers the positive and negative impacts of the minimum wage policy in China. Since China enacted its first minimum wage law in 1994, the magnitude and frequency of changes in the minimum wage have been substantial, both over time and across jurisdictions. The results from China’s experience show that rapidly increasing minimum wages have helped increase average wages and reduce the gender wage gap, income inequality, and poverty. However, the fast-rising minimum wage has also resulted in the loss of employment for young adults, women, low-skilled workers, and migrant workers. Additionally, higher minimum wages have a negative impact on firm profitability and adverse effects on firm’s human capital investment. In summary, the Chinese minimum wage policy has shown both positive and negative impacts on the affected workers. Through unpacking these findings, the book highlights the importance of rigorous research to inform evidence-based policymaking and provides lessons for other transitional and developing economies.
Author: Tony Fang
Publisher:
ISBN:
Category :
Languages : en
Pages : 43
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Book Description
Since China promulgated new minimum wage regulations in 2004, the magnitude and frequency of changes in the minimum wage have been substantial, both over time and across jurisdictions. This paper uses county-level minimum wage panel data and a longitudinal household survey from 16 representative provinces to estimate the employment effects of minimum wage changes in China over the period of 2004 to 2009. In contrast to the mixed results of previous studies using provincial-level data, we present evidence that minimum wage changes have significant adverse effects on employment in the Eastern and Central regions of China, and result in disemployment for females, young adults, and low-skilled workers.
Author: Xinxin Ma
Publisher: Springer
ISBN: 9811319871
Category : Business & Economics
Languages : en
Pages : 303
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Book Description
This book empirically investigates the changes in labor market structure accompanying the labor market reform in China by focusing on the labor market segmentation problems from the 1980s to 2013. The book also aims to examine the effect of labor policy reforms on individual, household and enterprise behavior, including the causes and consequences of labor market reform in China, particularly the influences of labor policy reforms on labor market performance. Offering valuable insights into the changing structure of the Chinese economy, this book will be of interest to scholars, activists, and economists.
Author: Dennis Tao Yang
Publisher: Hong Kong Institute of Education
ISBN:
Category : Labor costs
Languages : en
Pages : 44
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Book Description
Author: By Han Dongfang , Radio Free Asia
Publisher: Radio Free Asia
ISBN: 1632180855
Category :
Languages : en
Pages : 41
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Book Description
“China’s Workers Wronged,” highlights the struggles and challenges faced by China’s workers during the country’s dramatic economic rise. The book is based on 88 interviews with Chinese workers conducted in recent years by China Labor Bulletin Executive Director Han Dongfang for RFA.
Author: Hao Liu
Publisher:
ISBN: 9780438600393
Category :
Languages : en
Pages : 172
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Book Description
My research includes two essays on Chinese labor markets. In the first essay, I examine how minimum wage increase impacted employment in China in 2011 and 2012, using data from China General Social Survey. I compare employment changes in provinces with large and small minimum wage increases. I find a minimum wage increase has a small and statistically insignificant negative employment effect for two at-risk groups of workers. In Eastern China, minimum wage increase has insignificantly adverse effect on both groups. But in Central and Western China, minimum wage increase positively promotes job opportunities. In the second essay, I analyze the effect of body weight on hourly wages in China by using data from China Health and Nutrition Survey. I find significantly positive effect of body weight on an individual's hourly wage for male workers. As for females, I find that body weight is negatively related to hourly wages.
Author: Anita Chan
Publisher: Cornell University Press
ISBN: 0801455855
Category : Political Science
Languages : en
Pages : 293
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Book Description
As the "world’s factory" China exerts an enormous pressure on workers around the world. Many nations have had to adjust to a new global political and economic reality, and so has China. Its workers and its official trade union federation have had to contend with rapid changes in industrial relations. Anita Chan argues that Chinese labor is too often viewed from a prism of exceptionalism and too rarely examined comparatively, even though valuable insights can be derived by analyzing China’s workforce and labor relations side by side with the systems of other nations. The contributors to Chinese Workers in Comparative Perspective compare labor issues in China with those in the United States, Australia, Japan, India, Pakistan, Germany, Russia, Vietnam, and Taiwan. They also draw contrasts among different types of workplaces within China. The chapters address labor regimes and standards, describe efforts to reshape industrial relations to improve the circumstances of workers, and compare historical and structural developments in China and other industrial relations systems.
Author: Ruosi Lu
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
Author: Peng Jia
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
Using a difference-in-differences model, the present paper provides empirical evidence of minimum wage effects on employment and working hours in China. The results show that male employment is not affected by a minimum wage increase, although men's working hours do increase. In contrast, female employment is more likely to be negatively affected by a minimum wage increase, while their working hours remain unchanged. This may lead to women being in a more disadvantaged position in the workforce, and adopting a monthly minimum wage may induce firms to extend men's working hours. Therefore, to better protect disadvantaged workers, we suggest that minimum wage regulation should focus on the target group of less-educated women, and that a unified minimum hourly wage needs to be set for both full-time and part-time workers. Meanwhile, the importance of human capital accumulation should be addressed in alleviating the negative effects of minimum wage increases.
