when other factors like productivity, infrastructure, transportation costs, and access to a massive domestic market are considered – China may still emerge as themore cost-efficient optioncompared to countries with lower statutory labor costs.
when other factors like productivity, infrastructure, transportation costs, and access to a massive domestic market are considered – China may still emerge as themore cost-efficient optioncompared to countries with lower statutory labor costs.
Whereas the greatest share of the workforce in China was still in agriculture, the US and EU had it in the tertiary sectors by outsourcing large shares of agriculture, mining, and industry: they import about half of the labor time in their consumption. At the global level, the trade of ...
Our theory attributes this heterogeneity to differences in underlying factors, such as labor replacement cost, labor quality, and risk in labor quality. Although our empirical work is specific to China, our theory is applicable to any country's internal labor markets. Promotion-based incentives are...
central pressure inde central processor uni central province sri central purchasing sy central radio laborat central research inst central reserve city central retinal vein central russian uplan central sales tax num central school of art central series of sub central supply and us central to knowledge...
Using about 73,000 individuals’ data in China, this research, for the first time, analyzes the impact of labor transfer (LT) caused by foreign product demand (FPD) on human capital investment. Two-stage least squares estimation with the instrumental var
China had allocated a total of 108.75 billion yuan (15.6 billion U.S. dollars) in special funds by March 2 for the prevention and control work of the novel coronavirus, said the Ministry of Finance on Tuesday. The funding was part of the country's comprehensive suppor...
Moreover, the ongoing slowdown in exports will also help to cap overheating pressures in the labor market as hiring trends would be slowing in the manufacturing sector. As for the spillover effects on the rest of Asia, we think that two transmission channels matter the most. ...
For instance, the gender gap in labor force participation between men and women nearly doubled over the last two decades, rising from 9% in the 1990s to almost 15% in 2020. The increase in gender earnings gap was even more pronounced43....
Labor Efficiency Please wait Change the visualization to a column chart. Change the visualization to a table. Notes: Data was converted from local currencies using average exchange rates of the respective year. Most recent update: Jan 2025