{"title":"A Study on the Elasticity of Labor Supply of Chinese Taxi Drivers","authors":"Yu-chen Tu","doi":"10.4236/ojbm.2021.95111","DOIUrl":null,"url":null,"abstract":"The theory of labor supply consists of two major theories: neoclassical \ntheory and reference dependence theory. However, the theories are both \ninteroperable and contradictory. Through the literature review of the \ndevelopment of labor supply theories and combined with the study on current development status of \nChina’s taxi industry, this paper made a study on the elasticity of labor \nsupply of Chinese taxi drivers. The theories and models of labor supply are \nsorted out and analyzed by taking the Chinese taxi industry as an example to be \nthe basis for a further empirical research.","PeriodicalId":411102,"journal":{"name":"Open Journal of Business and Management","volume":null,"pages":null},"PeriodicalIF":0.0000,"publicationDate":"2021-08-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Open Journal of Business and Management","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.4236/ojbm.2021.95111","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 0
Abstract
The theory of labor supply consists of two major theories: neoclassical
theory and reference dependence theory. However, the theories are both
interoperable and contradictory. Through the literature review of the
development of labor supply theories and combined with the study on current development status of
China’s taxi industry, this paper made a study on the elasticity of labor
supply of Chinese taxi drivers. The theories and models of labor supply are
sorted out and analyzed by taking the Chinese taxi industry as an example to be
the basis for a further empirical research.
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