The Research On The Change In Labor Share And Its Influencing Factors Of The Three Industries In Chongqing

Labor share is the labor factor income obtained in the proportion of national income in the national economy. For research scholars hold labor share for changes in the two views, some scholars believe that labor remuneration accounted for a certain stability, and some scholars believe that the proportion of labor remuneration is not stable, rising or falling trend exists. Kaldor (1961) believes that the elements remain the same proportion of the income distribution is considered to be a "Stylized Facts". Bentloina and Saint-Paul (2003) study shows that a lot of the labors share in developed countries, although the fluctuation in the long term, but the trend is inconsistent and does not converge. China has experienced labor share roughly the first rise after falling in the process. Domestic some scholars through comparing with the international experience, China’s labor share in line with the development of the U-rule, and China is still in a U-shaped curve downward spiral. The decline of labor share, change this pattern of national income will directly affect all aspects of economic operation. On the one hand, the decline of the labor share will limit the ability of residents’direct consumption. On the other hand, the decline of the labor share and the raise of capital share fall means that the income gap between labor and capital factor owners to expand. In addition, the decline of the labor share and the high investment rates will result in overcapacity in some industries, thereby affecting the optimization of the industrial structure. Based on this, the question to be studied in this paper is the changes in the proportion of labor remuneration in Chongqing meets a general rule, if not, what factors lead.This paper summarized combing scholars to measure the proportion of labor share, research trends and influencing factors, such as changes in labor income share for the study of change and its influencing factors provide a theoretical basis. On this basis, the main contents of this paper are the following three aspects. First, changes in trends in the proportion of labor remuneration in Chongqing. By drawing on the labor share of domestic scholars metrics, measure changes in trends in the proportion of labor remuneration in Chongqing, and with the national comparison. Study found that labor share changes in trends are variation in Chongqing. On the one hand, the labor share is no absolute stability in Chongqing, and nor the existence of relative stability. On the other hand, the labor share in Chongqing show a continued downward trend, which was the country’s labor remuneration accounted for "U type" first decline after rising trend changes there are also differences. Secondly, the study of industrial structure effect of labor shares in Chongqing. This selection of inter-industry and intra-industry effects of decomposition explain changes in the labor share in Chongqing, derived inter-industry and intra-industry effects of changes in the various stages of the common causes of labor share in Chongqing. The changes can be roughly divided into three stages. The first stage is from1993to1995, the rise was mainly due to the positive effects resulting from within the industry, and mainly due to agriculture, forestry, animal husbandry and fishery, and construction accounted for the increase in labor compensation caused. The second stage is from1996to2006, showing a continuing downward trend, mainly by the decline in the industry and the negative effects of inter-industry effects caused by, the explanatory power of the larger industrial and intra-industry effect between the effects of the financial and insurance industries. The third stage is from2007to2012, showing a slight fluctuation in the state, primarily by the positive effect of rising and falling between the industry’s role in the industry caused by the negative effects of superposition, the explanatory power of a larger inter-industry effects in agriculture, forestry, animal husbandry and fishery other services and the effects of the construction industry. Third, the study of the affecting factors of labor share change. On the basis of qualitative analysis of industry influence internal and external factors of industry on the use of VAR model to empirical testing the magnitude of changes in the industrial structure, the proportion of fiscal revenue and market influence the degree of monopoly on the labor share. Research results among the long-term equilibrium relationship between the variables, and the magnitude of changes in the industrial structure and financial accounting income share of labor compensation showed a negative effect, while the market share of labor compensation degree and a positive effect. Decomposition analysis shows that the magnitude of changes in the industrial structure in which labor remuneration accounted for a relatively large impact, and with the passage of time, the impact of increasing the degree of variance. Degree of market monopoly on labor remuneration accounted for the impact is large, and also has continuous increasing trend. The impact on fiscal revenue accounted for a relatively small proportion of labor remuneration.Based on this, in order to improve the labor share in Chongqing, need to adhere to the principle of distribution according to work, the labor income share remained stable. Adjusting the industrial structure, and encouraging the development of the tertiary industry. Improve the bargaining power of workers, the protection of workers’ rights. Reasonable control of the government revenue, optimize the structure of fiscal expenditure. Improve their quality of workers, increase labor compensation.