• DocumentCode
    3364355
  • Title

    Labor Structure, Wage and Efficiency of Economic Growth

  • Author

    Lin, Zaijin ; Chen, He

  • Author_Institution
    Inst. of Ind. Econ., Jinan Univ., Guangzhou, China
  • Volume
    2
  • fYear
    2012
  • fDate
    26-27 Aug. 2012
  • Firstpage
    167
  • Lastpage
    170
  • Abstract
    China is faced with the two big structural shifts, which are the aging of low-end labor population and the increase of the absolute number of middle and high-end labor day by day. Through the comparison of different influences that different labor have on the efficiency of economic growth and salary, this paper finds that the shift of the labor structure has affected the wage structure of labor market, namely, in the labor market, the negotiation ability of low-end labor having exceeded high-end labor´s; At the same time, this paper proves that most scholars support the investment of middle high-end labor force can improve the efficiency of economic growth better than the investment of low-end labor. It can be concluded that, in China along with the adjustment of industrial structure, the continual rise of the absolute number of middle and high-end labor, to some degree, can make up for the loss in the efficiency of economic growth brought by the aging of low-end labor.
  • Keywords
    labour resources; macroeconomics; salaries; China; economic growth; high-end labor population; industrial structure; labor market; labor negotiation ability; labor structure; low-end labor population; middle labor population; salary; wage; Economics; Educational institutions; Employment; Humans; Industries; Investments; Production; efficiency of economic growth; labor structure; wage;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Intelligent Human-Machine Systems and Cybernetics (IHMSC), 2012 4th International Conference on
  • Conference_Location
    Nanchang, Jiangxi
  • Print_ISBN
    978-1-4673-1902-7
  • Type

    conf

  • DOI
    10.1109/IHMSC.2012.136
  • Filename
    6305750