“Made in China” matters: Integration of the global labor market and the global labor share decline

Xu, Xiang; Li, David Daokui; Zhao, Mofei

doi:10.1016/j.chieco.2018.05.008

Cited by 11 publications

(4 citation statements)

References 29 publications

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“…On the one hand, the infinite supply of labor makes it easy for China to combine its investments in physical capital with labor to generate productivity; on the other hand, companies can hire cheap labor, giving them a strong cost advantage in production. Therefore, China's economic development has relied on physical capital investment and the export trade for many years [51]. However, due to limited resources, the concentration of the population in urban areas has created crowding and raised the costs of migration, with an adverse impact on the economy.…”

Section: Impulse Response Function and Variance Decomposition Analysimentioning

confidence: 99%

Interactive Relationship among Urban Expansion, Economic Development, and Population Growth since the Reform and Opening up in China: An Analysis Based on a Vector Error Correction Model

Zhang

Xie

2019

Land

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Based on cointegration analysis, a vector error correction model (VECM), and the impulse response function method, this paper empirically analyses the interaction among urban expansion, economic development, and population growth in China from 1980 to 2016. The results show that (I) there is a long-term equilibrium relationship among urban expansion, economic development and population growth, but there is an imbalance in the short term. When urban expansion deviates from the long-term equilibrium, it cannot be restored to equilibrium in the short term. However, when economic development and population growth deviate from equilibrium, they will adjust back to equilibrium with strengths of −0.1770 and −0.0217, respectively. (II) From the results of the impulse response, there is an interactive statistical relationship between urban expansion, economic development, and population growth; In the short term, both economic development and population growth will cause urban expansion. In the long term, economic development will inhibit urban expansion, and economic development will be less dependent on land. Also, population growth has a long-lasting positive effect on urban expansion. (III) The results of variance decomposition show that urban expansion and economic development were most affected by the structural impact of population growth, and the relative variance contribution (RVC) rate was stable at 29.2% and 42%, respectively. However, economic development contributes the least to the RVC of urban expansion and population growth, and only stabilizes at 12.3% and 8.0% after 30 periods. Finally, the paper proposes that the Chinese government should maintain stable and healthy economic growth and promote sustainable land use in terms of improving land use efficiency, improving human capital levels, and promoting industrial structure.

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Section: Impulse Response Function and Variance Decomposition Analysimentioning

confidence: 99%

Interactive Relationship among Urban Expansion, Economic Development, and Population Growth since the Reform and Opening up in China: An Analysis Based on a Vector Error Correction Model

Zhang

Xie

2019

Land

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“…The goal of quality management is to ensure that the customer is satisfied and to create a service enterprise (Gunasekaran, Subramanian, & Ngai, 2018;Fundin, Bergquist, Eriksson, & Gremyr, 2018;Rusu, 2016). Developed countries have been using information technology for IEP for many years (Xu, Li, Zhao, & 2018). Developed complex and effective tools with many opportunities:…”

Section: Research Questionsmentioning

confidence: 99%

Management Of Employment Promotion Institution In Russia

Smirnov¹,

Semenov²,

Kadyshev³

et al. 2019

The European Proceedings of Social and Behavioural Sciences

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“…As populous economies, labor is of great significance to the economic development of China and Africa. By participating in global trade, China increases its global labor supply (Xu et al 2018). However, with the deepening of the Reform and Open, the climbing of labor costs, and the depletion of its demographic dividend, China calls for an impending structural revolution.…”

Section: Introductionmentioning

confidence: 99%

Trade and Labor-Allocation: Evidence from Sectoral Embodied Labor Transfer between China and Africa

Ji,

Liu,

Yin

2024

Social Sciences

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Under the influence of international trade, labor flow not only exists in the waves of international labor migration but is also embodied in international products and services. This paper focused on members of the China–Africa Cooperation Forum (FOCAC). We computed and analyzed the sectoral embodied labor transfer between China and Africa from 2000 to 2015 based on the Multiregional Input-Output Method. Our results are as follows: (1) Both China and Africa play roles as labor suppliers in the global supply chain. By ameliorating the trade structure, both China and Africa can better utilize their labor surplus. (2) China and Africa share complementarity in sectoral labor allocation. In short, the embodied labor transfer via international trade between China and Africa has, to some extent, relieved the labor shortage on both sides. (3) Africa has transformed into a net exporter of industrial labor since 2011. By analyzing the embodied labor flow from the global perspective, this paper beats a new path in depicting the effect of international trade on labor allocation, enriches the evaluation of embodied labor transfer between China and Africa, and also provides a beneficial supplement to Multiregional Input-Output analysis in the field of factor flows.

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“Made in China” matters: Integration of the global labor market and the global labor share decline

Cited by 11 publications

References 29 publications

Interactive Relationship among Urban Expansion, Economic Development, and Population Growth since the Reform and Opening up in China: An Analysis Based on a Vector Error Correction Model

Interactive Relationship among Urban Expansion, Economic Development, and Population Growth since the Reform and Opening up in China: An Analysis Based on a Vector Error Correction Model

Management Of Employment Promotion Institution In Russia

Trade and Labor-Allocation: Evidence from Sectoral Embodied Labor Transfer between China and Africa

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