房价与劳动力成本粘性:来自中国的证据

IF 2.9 3区 管理学 Q2 BUSINESS, FINANCE
Suyan Yan, Chang Tong, Qiliang Liu
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引用次数: 0

摘要

本文基于2007 - 2020年的企业层面数据,考察了房价对劳动力成本粘性的影响。结果表明,房价增强了企业的劳动力成本粘性。这种强化效应在高科技产业和经济政策高度不确定时期尤为明显。而且,随着观察期的延长,房价对劳动力成本粘性的影响逐渐减弱。进一步分析发现,房价对员工数量黏性有强化作用,对人均薪酬黏性无显著影响。该研究表明,公司需要分配额外的资源用于机器和设备的投资,以解决由房价飙升引起的劳动力成本粘性。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
Housing prices and labor cost stickiness: Evidence from China
Based on firm-level data from 2007 to 2020, this study examines the influence of housing prices on labor cost stickiness. The results show that housing prices strengthen firms’ labor cost stickiness. The strengthening effect is particularly pronounced in high-tech industries and during periods of high economic policy uncertainty. Moreover, as the observation period extends, the impact of housing prices on labor cost stickiness diminishes. Further analysis reveals that housing prices have a reinforcing effect on stickiness in terms of employee numbers, with no significant impact on per capita remuneration stickiness. This study indicates that a company will need to allocate additional resources toward investment in machinery and equipment to address the labor cost stickiness stemming from the housing price surge.
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CiteScore
6.00
自引率
3.00%
发文量
24
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