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A Study On The Decrease Of Labor's Share In China

Posted on:2018-02-08Degree:MasterType:Thesis
Country:ChinaCandidate:Y TangFull Text:PDF
GTID:2359330542473333Subject:Western economics
Abstract/Summary:PDF Full Text Request
Since 1978,China's economic system reform,making the economy maintained a rapid development,per capita income has also been a substantial increase.But the gap between rich and poor but because of the proportion of labor compe nsation and gradually widened.The share of workers' income fell from 57% in 1978 to 45% in 2011.The size of the share of labor income can basically represent the average distribution of income.In the case of a certain total social output,the degree of satisfaction of individual needs depends on the distribution of income.Therefore,it is very important to study the proportion of labor income to national gross income.From the long-term work of developed countries and the distribution of capital elements,the distribution of shares in a certain period of time is relatively stable,and C hina's labor income share has continued to decline has seriously affected the stability of society and economic sustainable development.Thomas Piketi in the "twenty-first century capital" in the normal order of the market will increase the share of capital income,reduce the share of labor income,so that the income gap continues to expand.This paper attempts to explore the reasons for the widening income gap from the perspective of Thomas Picketti,from the perspective of labor income share and currency issuance.It is of great significance and theoretical value to understand the current situation of widening the income distribution gap of our residents and to analyze the factors that affect the lower share of China's labor income.Based on the relationship between the share of labor income and the supply of money in China,this paper leads to the change of the relationship between money supply and labor remuneration,followed by the description of the broad money supply and labor remuneration of the major developed countries and developing countries.The relationship between the broad money supply and the proportion of labor remuneration does exist in the reverse relations hip between the conjecture.And then introduce other factors that may affect the size of labor income share of its empirical analysis to prove the correctness of the above guess.And according to the significant degree of these variables were analyzed.The innovation of the article lies in the analysis of the proportion of labor remuneration and the gap between rich and poor from the perspective of broad money supply,which provides another theoretical basis for narrowing the gap between rich and poor.And how to increase the proportion of money supply to reduce the proportion of labor remittances,increase the proportion of capital payments,and widening the gap between rich and poor transmission path made a different perspective.?Capital in the Twenty-First Century? considered that the free market will eventually lead to the polarization of income.But he ignores the data in the end is the free market economy produced it,or the destruction of the market economy.The answer to this question is different,the same data,the same empirical study will come to a completely different,and even the opposite conclusion.In fact,this paper shows that the analysis led to the widening gap between rich and poor is caused by the disruption of the market.Finally,this paper discusses how to reduce the income gap and change the wealth of the twenty-eight laws and improve the share of labor income.This paper argues that the more effective measures are to control the generalized money supply appropriately;to expand jobs and reduce the unemployment rate;to improve the average national education degree.
Keywords/Search Tags:Multiple regression analysis, Labor income share, Money supply, National income distribution
PDF Full Text Request
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