Factor Endowments,Exports and Labor Income Proportion in China
This paper uses the theory of exact price index to link export share with price,and constructs a testable model among industry relative exports,factor aggregation and labor income proportion based on the GDP function.Through the panel regression by industry and province based on big data of the customs from 2000 to 2014,the research results show that:(1)the expansion of exports of labor-intensive industries will increase the proportion of labor income,while the expansion of exports of capital-intensive industries will reduce the proportion of labor income,proving the applicability of S-S Theorem in China;(2)the impact of the increase in production factors on the value-added proportion of export industry is inconsistent with the speculation of Rybczynski Theorem;(3)39.7%of labor income proportion can be explained by relative exports,while 20.4%of the annual change in labor income proportion comes from the annual change in relative exports.In addition,it is found that the industrial transfer from the eastern region to the central and western regions as well as the change in the structure of export industries partially explain the impact of exports on the U-shaped change of labor income proportion,but the impact tended towards marginalization after 2011.
export tradefactor endowmentsfactor intensitylabor income proportionincome distribution