Pre-Reform Industry and The State Monopsony in China
AbstractThis paper concerns employment and wage determination in the state industrial sector in China, focusing on the pre-reform era as a baseline. We argue that in that period, the sector faced an upward sloping supply curve of labor, and we provide statistical evidence for this proposition. We then present a two-sector model in which the Chinese state acts as a monopsonist maximizing industrial profits (investment) subject to an agricultural production constraint. Finally, we analyze two sets of data providing evidence of monopsonistic behavior, and discuss corroborating evidence in the extant literature and suggest implications for future research.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by William Davidson Institute at the University of Michigan in its series William Davidson Institute Working Papers Series with number 94.
Date of creation: 01 Oct 1997
Date of revision:
Contact details of provider:
Postal: 724 E. University Ave, Wyly Hall 1st Flr, Ann Arbor MI 48109
Phone: 734 763-5020
Fax: 734 763 5850
Web page: http://www.wdi.umich.edu
More information through EDIRC
This paper has been announced in the following NEP Reports:
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Fleisher, Belton M. & Wang, Xiaojun, 2003. "Potential residual and relative wages in Chinese township and village enterprises," Journal of Comparative Economics, Elsevier, vol. 31(3), pages 429-443, September.
- Scandizzo, Pasquale Lucio & Savastano, Sara, 2009.
"Optimal Farm Size under an Uncertain Land Market: the Case of Kyrgyz Republic,"
111th Seminar, June 26-27, 2009, Canterbury, UK
52844, European Association of Agricultural Economists.
- Sara Savastano & Pasquale Lucio Scandizzo, 2010. "Optimal Farm Size under an Uncertain Land Market: the Case of Kyrgyz Republic," CEIS Research Paper 154, Tor Vergata University, CEIS, revised 28 May 2010.
- Fleisher, Belton M. & Wang, Xiaojun, 2004. "Skill differentials, return to schooling, and market segmentation in a transition economy: the case of Mainland China," Journal of Development Economics, Elsevier, vol. 73(1), pages 315-328, February.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Laurie Gendron).
If references are entirely missing, you can add them using this form.