The End of Cheap Chinese Labor

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Title： The End of Cheap Chinese Labor

Journal: Journal of Economic Perspectives

Authors:
Li, Hongbin (Tsinghua U)
Li, Lei (Tsinghua U)
Wu, Binzhen (Tsinghua U)
Xiong, Yanyan (Southeast U, Nanjing)

Year: 2012 Fall

Abstract:
In recent decades, cheap labor has played a central role in the Chinese model, which has relied on expanded participation in world trade as a main driver of growth. At the beginning of China's economic reforms in 1978, the annual wage of a Chinese urban worker was only $1,004 in U.S. dollars. The Chinese wage was only 3 percent of the average U.S. wage at that time, and it was also significantly lower than the wages in neighboring Asian countries such as the Philippines and Thailand. The Chinese wage was also low relative to productivity. However, wages are now rising in China. In 2010, the annual wage of a Chinese urban worker reached $5,487 in U.S. dollars, which is similar to wages earned by workers in the Philippines and Thailand and significantly higher than those earned by workers in India and Indonesia. China's wages also increased faster than productivity since the late 1990s, suggesting that Chinese labor is becoming more expensive in this sense as well. The increase in China's wages is not confined to any sector, as wages have increased for both skilled and unskilled workers, for both coastal and inland areas, and for both exporting and nonexporting firms. We benchmark wage growth to productivity growth using both national- and industry-level data, showing that Chinese labor was kept cheap until the late 1990s but the relative cost of labor has increased since then. Finally, we discuss the main forces that are pushing wages up.

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关键词：Chinese Labor heap abo EAP Chinese

很有意思的文章~楼主给几个讨论方向呗~

感谢上传，拜读了

winniewang2222 发表于 2013-3-5 16:11
很有意思的文章~楼主给几个讨论方向呗~

我首先想到的一个topic就是在农民工的流动过程中，他们从一个地方流动到另外一个地方，他们的工资中的一部分可能被扣除，可能他们的劳动报酬就可能受到侵害，如何在农民工的流动过程中保证他们的权益是一个值得思考的问题！

np84 发表于 2013-3-5 20:04
我首先想到的一个topic就是在农民工的流动过程中，他们从一个地方流动到另外一个地方，他们的工资中的一部 ...

我看完文章就来讨论^^

winniewang2222 发表于 2013-3-7 16:09
我看完文章就来讨论^^

好滴，欢迎探讨的！

关于人口红利的问题已经有了很广泛的讨论，个人认为中国的人口红利优势已经逐渐失去，伴随着人口红利带来的直接后果是劳动力成本上升。从外商投资来讲，空间成为追逐利润的一个变量，中国的外商投资会逐渐减少。