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- Publisher Website: 10.1016/j.jce.2021.04.002
- Scopus: eid_2-s2.0-85105589059
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Article: Labor market dynamics in urban China and the role of the state sector
Title | Labor market dynamics in urban China and the role of the state sector |
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Authors | |
Keywords | China Labor market dynamics Long-term unemployment Search and matching State sector |
Issue Date | 2021 |
Citation | Journal of Comparative Economics, 2021, v. 49, n. 4, p. 918-932 How to Cite? |
Abstract | This paper studies the effect of state-owned enterprises (SOEs) on the dynamics of the Chinese urban labor market. Using longitudinally matched monthly panel data, we document very low labor force dynamics in the state sector, which leads to a high long-term unemployment rate. We develop and estimate an equilibrium search and matching model with three differences between the state and non-state sectors: labor productivity, labor adjustment cost, and workers’ bargaining power. Counterfactual analysis shows that, among the three channels, reducing the bargaining power of state sector workers is most effective in reducing unemployment duration and unemployment rate. |
Persistent Identifier | http://hdl.handle.net/10722/330702 |
ISSN | 2023 Impact Factor: 2.8 2023 SCImago Journal Rankings: 1.504 |
ISI Accession Number ID |
DC Field | Value | Language |
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dc.contributor.author | Feng, Shuaizhang | - |
dc.contributor.author | Guo, Naijia | - |
dc.date.accessioned | 2023-09-05T12:13:24Z | - |
dc.date.available | 2023-09-05T12:13:24Z | - |
dc.date.issued | 2021 | - |
dc.identifier.citation | Journal of Comparative Economics, 2021, v. 49, n. 4, p. 918-932 | - |
dc.identifier.issn | 0147-5967 | - |
dc.identifier.uri | http://hdl.handle.net/10722/330702 | - |
dc.description.abstract | This paper studies the effect of state-owned enterprises (SOEs) on the dynamics of the Chinese urban labor market. Using longitudinally matched monthly panel data, we document very low labor force dynamics in the state sector, which leads to a high long-term unemployment rate. We develop and estimate an equilibrium search and matching model with three differences between the state and non-state sectors: labor productivity, labor adjustment cost, and workers’ bargaining power. Counterfactual analysis shows that, among the three channels, reducing the bargaining power of state sector workers is most effective in reducing unemployment duration and unemployment rate. | - |
dc.language | eng | - |
dc.relation.ispartof | Journal of Comparative Economics | - |
dc.subject | China | - |
dc.subject | Labor market dynamics | - |
dc.subject | Long-term unemployment | - |
dc.subject | Search and matching | - |
dc.subject | State sector | - |
dc.title | Labor market dynamics in urban China and the role of the state sector | - |
dc.type | Article | - |
dc.description.nature | link_to_subscribed_fulltext | - |
dc.identifier.doi | 10.1016/j.jce.2021.04.002 | - |
dc.identifier.scopus | eid_2-s2.0-85105589059 | - |
dc.identifier.volume | 49 | - |
dc.identifier.issue | 4 | - |
dc.identifier.spage | 918 | - |
dc.identifier.epage | 932 | - |
dc.identifier.eissn | 1095-7227 | - |
dc.identifier.isi | WOS:000756859700003 | - |