中国技能溢价的空间差异：金融中介发展的作用

IF 5.2 1区经济学 Q1 ECONOMICS 中国经济评论 Pub Date : 2024-04-23 DOI:10.1016/j.chieco.2024.102173

Tat-Kei Lai, Luhang Wang

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引用次数: 0

摘要

在中国，高技能和低技能工人的相对工资在不同地区之间存在巨大差异。我们研究了金融中介发展（FID）能否解释这种差异。从概念上讲，发展较好的金融中介有助于资金紧张的企业筹集新资本，而新资本通常具有技能偏好，从而增加了对技能劳动力的需求，提高了技能溢价。利用 2005 年 1% 人口调查中的工人横截面数据，我们发现了一致的证据；此外，在资本-技能互补性较高的行业和非国有企业中，这种关系更为密切。总体而言，我们的研究结果表明，金融市场在解释中国的技能溢价方面发挥了作用。

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Spatial disparity of skill premium in China: The role of financial intermediation development

In China, the relative wages of high-skilled and low-skilled workers display huge variation across different regions. We examine whether financial intermediation development (FID) can explain such variation. Conceptually, better-developed financial intermediation helps financially-constrained firms raise new capital, which is usually skill-biased, resulting in an increased demand for skilled labor and skill premium. Using a cross-section of workers from the 1% Population Survey of 2005, we find consistent evidence; besides, the relationship is stronger among workers in industries with higher capital-skill complementarity and in non-state-owned enterprises. Overall, our results suggest that the financial market plays a role in explaining skill premium in China.

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来源期刊

中国经济评论 ECONOMICS-

CiteScore

10.60

自引率

4.40%

发文量

380

期刊介绍： The China Economic Review publishes original works of scholarship which add to the knowledge of the economy of China and to economies as a discipline. We seek, in particular, papers dealing with policy, performance and institutional change. Empirical papers normally use a formal model, a data set, and standard statistical techniques. Submissions are subjected to double-blind peer review.