How Does the State-Owned Economy Affect the Share of Labor Income in Non-State-Owned Enterprises?
This article empirically tests the impact of state-owned economy on the labor income share of non-state-owned enterpri-ses based on the data from Chinese industrial enterprises.The results show that the increase in the proportion of state-owned economy can significantly increase the labor income share of non-state-owned enterprises,and this impact is the result of the combined effects of wage spillover effects and efficiency loss effects in the state-owned economy.When the proportion of state-owned economy is low,the wage spillover effect constitutes the main aspect of increasing the labor income share of non-state-owned enterprises.When the proportion of state-owned economy is high,the efficiency loss effect brought by state-owned economy is more prominent in increasing the share of labor income of non-state-owned enterprises.Heterogeneity tests reveal that the role of the state-owned economy is strengthened in enhancing the labor income share in non-state-owned enterprises when state-owned firms exhibit higher wages or lower efficiency.When the labor supply is sufficient or the marketization level is relatively high,the effect of state-owned economy in boosting the labor income share of non-state-owned enterprises tends to decrease.Therefore,continuously improving the socialist market economy system,deepening the reform of state-owned enterprises,and maintaining a reasonable ownership structure are con-ducive to promoting the healthy development of the private economy.
state-owned economynon-state-owned enterpriselabor income sharewage spilloverefficiency loss
万方数据
维普
