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- W2355457527 abstract "This paper studies the relationship between investment structure and employment equilibrium. Using an investment-employment equilibrium model, we explain the labor market’s two imbalances of China: farm labor shortage and skilled worker shortage. We find that technology improved investment’s increase needs skilled workers’ corresponding rise, while the extension enlarged investment’s great boost requires unskilled workers’ increase, the imbalanced growth of physical capital vs. human capital investment, capital restriction and wage rigidity also are the causes of skilled and farm labor shortage." @default.
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- W2355457527 date "2008-01-01" @default.
- W2355457527 modified "2023-09-28" @default.
- W2355457527 title "An Analysis of Farm Labor and Skilled Worker Shortage:From the Perspective of Investment Structure and Employment Equilibrium" @default.
- W2355457527 hasPublicationYear "2008" @default.
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