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- W2348044888 abstract "The ratio of labor payment to GDP fallows down while the absolute level of labor payment keep increasing.Under the condition of relative abundant rural surplus labor,the labor payment reflects the marginal productivity of labor force.During the industrialization and adjustment of industrial structure based on dual and system,the substitute of capital to labor is the main reason of the inter-industry effect that the labor transfer from primary industry to non-agriculture industry.The marginal productivity of labor force in different industry determines the direction of labor flow.As the natural rate of population decrease,the labor supply curve shift left,which will improve the labor cost." @default.
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- W2348044888 date "2012-01-01" @default.
- W2348044888 modified "2023-09-23" @default.
- W2348044888 title "An Analysis on the Ratio of Labor Payment to GDP Based on the Industrial Structural Effect" @default.
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