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An Effect Analyse Of Import And Export Trade On Employes' Salaries

Posted on:2017-03-01Degree:MasterType:Thesis
Country:ChinaCandidate:R P LiFull Text:PDF
GTID:2349330488971810Subject:Applied Economics
Abstract/Summary:PDF Full Text Request
With the development of the world economy.as one of the most important vector of Economic Globalization,international trade has surpassed its traditional function of pushing the goods flow between nations by showing the ability to facilitate the flow of factors of production and change the internal factor market equilibrium of the participating nations. Meanwhile, the Reform and Opening Up policy has helped China to gain a robust economic growth,and the trade liberalization has brought the nation with a much stronger interaction with the rest of the world. Under such a circumstance, China's labor market is being influenced by a tremendous power coming from the international market, and with the deepening of the trade liberalization, such influence has gone beyond the efficiency territory and penetrated into the distribution area of the factor compensation, which in turn plays an import role in adjusting the condition of social equality. The latest concern in the area of international trade is to examine the influence of open trade to the welfare of different countries from the view of import. This article investigated the wage premium effect of the import and export of Chinese industrial enterprises by taking advantage of the micro enterprises large sample data which matched from the data base of Chinese industrial enterprises and China Customs.Based on these theoretical analyses, we analyze the macro panel data which matched from the data base of Chinese industrial enterprises and China Customs during the year 2000-2007. We investigate the influence of international trad on the wage level in China's industrial enterprise and check the relevant theories and hypothesis. The estimated results show that the wage premium effect exists after controlling the other factors which influence the wage level of enterprises.Besides, the import has a better effect on wage than export, and this conclusion still stick after series of robust tests.The estimated results of sub-trade indicate that with the decline in labor factor intensity, the effect of import behavior on the wage level is gradually enhanced.Export has the greatest effect on the wage level of capital intensive industries. From the view of the estimation of the sub-region, the enhancing effect of the import to the wage level is the central, western and eastern, the promotion effect of the export to the wage level is central, eastern and western. For enterprises of different ownership, the positive effect of the import to the wage level is basically unchanged, and for the state-owned enterprises the effect of export behavior on the wage level is the best. The research results of this paper can provide reference for the adjustment of China's current import and export policies in 13th Five Year and a more long period.
Keywords/Search Tags:import, export, wage premium
PDF Full Text Request
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