Structural Bonus of Factor Productivity in China’s High-Tech Industry: A Cross-Sector, Cross-Province, and Cross-Ownership Study

Authors

  • Liu Peigang Central University of Finance and Economics of China
  • Ann Rensel Niagara University
  • Tenpao Lee Niagara University
  • Mao Pei Central University of Finance and Economics of China

DOI:

https://doi.org/10.33423/jabe.v20i3.511

Keywords:

Business, Economics, Finance

Abstract

The evolution of Chinese high-tech industry labor force and capital structure is analyzed using a shiftshare technique. Contributions from cross-sector, cross-province and cross-ownership flows of factors to productivity growth were assessed. Cross-sector labor force flow produced “positive structural bonus”, cross-sector capital flow produced “negative structural bonus”, cross-province labor flow produced “negative structural bonus”, cross-province capital flow produced a “positive structural bonus”, crossownership labor and capital flow produced “positive structural bonus.” Implications are decrease intervention in operations, allow free factor movement among sectors, provinces, and ownership; improve capital market and improve labor market to channel skilled workers into the high-tech industry.

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Published

2018-07-30

How to Cite

Peigang, L., Rensel, A., Lee, T., & Pei, M. (2018). Structural Bonus of Factor Productivity in China’s High-Tech Industry: A Cross-Sector, Cross-Province, and Cross-Ownership Study. Journal of Applied Business and Economics, 20(3). https://doi.org/10.33423/jabe.v20i3.511

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Articles