โ Scribed by Shi Li, Carl Lin
No coin nor oath required. For personal study only.
This book considers the positive and negative impacts of the minimum wage policy in China. Since China enacted its first minimum wage law in 1994, the magnitude and frequency of changes in the minimum wage have been substantial, both over time and across jurisdictions. The results from Chinaโs experience show that rapidly increasing minimum wages have helped increase average wages and reduce the gender wage gap, income inequality, and poverty. However, the fast-rising minimum wage has also resulted in the loss of employment for young adults, women, low-skilled workers, and migrant workers. Additionally, higher minimum wages have a negative impact on firm profitability and adverse effects on firmโs human capital investment. In summary, the Chinese minimum wage policy has shown both positive and negative impacts on the affected workers. Through unpacking these findings, the book highlights the importance of rigorous research to inform evidence-based policymaking and provides lessons for other transitional and developing economies.
Front Matter ....Pages i-xvii
Minimum Wages in China: Overview and Key Findings (Li Shi, Carl Lin)....Pages 1-12
Evolution and Effects Assessment of Chinaโs Minimum Wage Policy (Xia Wang, Hainan Su)....Pages 13-38
Minimum Wages in China: Standard and Implementation (Yang Du, Peng Jia)....Pages 39-70
Minimum Wages and Employment in China (Tony Fang, Carl Lin)....Pages 71-112
Impacts of Minimum Wages on Gender Wage Gaps in Urban China (Li Shi, Xinxin Ma)....Pages 113-144
The Impact of Minimum Wages on Migrant Workersโ Wages (Juan Yang, Morley Gunderson, Li Shi)....Pages 145-164
The Effects of the Minimum Wage on Earnings Inequality: Evidence from China (Carl Lin, Myeong-Su Yun)....Pages 165-195
Effects of Minimum Wage Regulations on Wage Growth and Distribution in China (Li Shi, Haiyuan Wan)....Pages 197-221
Compliance with Legal Minimum Wages and Overtime Pay in China, Effects Across the Distribution of Wages (Linxiang Ye, Tim Gindling, Li Shi)....Pages 223-257
Estimating the Effect of Minimum Wages on Firm Profitability in China (Quheng Deng)....Pages 259-279
How Does the Minimum Wage Affect Firm Investments in Fixed and Human Capital? Evidence from China (Tobias Haepp, Carl Lin)....Pages 281-313
Regional Variation of the Minimum Wages in China (Chunbing Xing, Jianwei Xu)....Pages 315-345
Minimum Wage Competition Between Local Governments in China (Ravi Kanbur, Yanan Li, Carl Lin)....Pages 347-369
Minimum Wage Effects on Employment and Working Time of Chinese Workers (Wenkai Sun, Xianghong Wang, Xiaoxi Zhang)....Pages 371-392
Economics; Asian Economics; Asian Politics; Social Justice, Equality and Human Rights
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