Does Industrial Policy Increase Labor Income Share?
Fangyan Yang
Abstract:Since the reform and opening-up, our national economy has achieved tremendous success. However, addressing the issue of declining labor income share is an urgent requirement for achieving high-quality economic development in China. This study empirically examines the impact of industrial policies on the labor income share using data from all A-share listed companies from 2001 to 2020. It offers a certain direction on how to enhance labor income shares: the government could intensify the implementation of indus… Show more
Set email alert for when this publication receives citations?
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.