CHANGES IN CHINA'S WAGE STRUCTURE
利用城市住户调查数据,研究1992-2007年中国工资结构的深刻变化,发现实际工资增长202%,工资不平等加剧,资本积累、技能偏向型技术变革和城乡迁移是主要驱动因素。
Using a national sample of Urban Household Surveys, we document several profound changes in China's wage structure during a period of rapid economic growth. Between 1992 and 2007, the average real wage increased by 202%, accompanied by a sharp rise in wage inequality. Decomposition analysis reveals 80% of this wage growth to be attributable to higher pay for basic labor, rising returns to human capital, and increases in the state-sector wage premium. By employing an aggregate production function framework, we account for the sources of wage growth and wage inequality amid fast economic growth and transition. We find capital accumulation, skill-biased technological change, and rural–urban migration to be the major forces behind the evolving wage structure in urban China.