Proceedings of the 2023 9th International Conference on Humanities and Social Science Research (ICHSSR 2023)

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Labour Income Share Effect of Reform and Opening Up

Based on OFDI, Labour Quality Perspective

Authors
Zhuang Qian1, *
1School of Economics, Wuhan University of Technology, Wuhan, China
*Corresponding author. Email: 2470361028@qq.com
Corresponding Author
Zhuang Qian
Available Online 9 September 2023.
DOI
10.2991/978-2-38476-092-3_113How to use a DOI?
Keywords
Labour income share; reform and opening up; labour quality; PSM-DID
Abstract

Improving the distribution system is an important objective of China’s economic development at this stage. Capturing the mechanism of the impact of reform and opening up on the labour income share from the perspective of micro enterprises is of great significance for China to achieve structural optimisation of factor income distribution. This paper empirically investigates the impact of foreign direct investment and reform of state-owned enterprises on the share of labour income from 2011 to 2021, using a sample of A-share listed companies in China and incorporating labour heterogeneity into the analysis framework, and examining the impact of foreign direct investment and reform of state-owned enterprises on the share of labour income from two paths: “average wage” and “labour productivity”. The impact of OFDI and SOE reforms on labour income shares is investigated empirically along the paths of “average wage” and “labour productivity”. The study finds that both OFDI and SOE reforms significantly increase the labour income share, and that labour quality has a significant moderating effect by optimising their paths of action.

Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2023 9th International Conference on Humanities and Social Science Research (ICHSSR 2023)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
9 September 2023
ISBN
978-2-38476-092-3
ISSN
2352-5398
DOI
10.2991/978-2-38476-092-3_113How to use a DOI?
Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Zhuang Qian
PY  - 2023
DA  - 2023/09/09
TI  - Labour Income Share Effect of Reform and Opening Up
BT  - Proceedings of the 2023 9th International Conference on Humanities and Social Science Research (ICHSSR 2023)
PB  - Atlantis Press
SP  - 924
EP  - 932
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-38476-092-3_113
DO  - 10.2991/978-2-38476-092-3_113
ID  - Qian2023
ER  -