A Note on City Size and the Sharing of Quasi-Rent between Labor and Capital in China

IF 5.3 3区经济学 Q1 ECONOMICS

Asian Economic Papers Pub Date : 2023-05-26 DOI:10.1162/asep_a_00867

Zhe Kong, Xiaohan Zhang, Weiwei Cui

引用次数: 0

Abstract

Abstract We use an asymmetric Nash bargaining model between worker and firms, under the assumption of firm-specific human capital (FSHC), to argue that city size influences the proportion of the rent received by labor (i.e., the magnitude of labor share of rent). We argue that an increase in city size generates both a positive effect (the “FSHC-autonomy effect”) on the bargaining power of labor as well as a negative effect (the division-of-labor effect) on the bargaining power of labor. Our empirical exploration found that labor share of the rent (in percent) increases with city size, suggesting that the FSHC-autonomy effect is greater than the division of labor effect.

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关于中国城市规模与劳动力与资本准租金分担的一点注记

摘要我们在企业特定人力资本（FSHC）的假设下，使用工人和企业之间的非对称纳什讨价还价模型，认为城市规模影响劳动力获得的租金比例（即劳动力在租金中所占份额的大小）。我们认为，城市规模的增加对劳动力议价能力产生了积极影响（“FSHC自治效应”），也对劳动力议价力产生了负面影响（分工效应）。我们的实证研究发现，劳动力在租金中的份额（%）随着城市规模的增加而增加，这表明FSHC的自治效应大于分工效应。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Asian Economic Papers ECONOMICS-

CiteScore

7.50

自引率

0.00%

发文量

期刊介绍： The journal Asian Economic Papers (AEP) is supported by several prominent institutions, including the Center for Sustainable Development at Columbia University in the United States. This shows that there is a strong emphasis on sustainable development within the journal's scope. Additionally, the Korea Institute for International Economic Policy in South Korea, the UN Sustainable Development Solutions Network (SDSN) in Malaysia, and the Economic Research Institute for ASEAN and East Asia in Indonesia also sponsor AEP. The articles published in AEP focus on conducting thorough and rigorous analyses of significant economic issues pertaining to specific Asian economies or the broader Asian region. The aim is to gain a deeper understanding of these issues and provide innovative solutions. By offering creative solutions to economic challenges, AEP contributes to the discourse and policymaking that impact the Asian economies and region as a whole.