International Trade,Product Market Competition and Wage Level:Evidence from Zhejiang Province
This paper examines the relation between workers wages and firms ability to pay, and the impact of international trade on wages, using Zhejiang Economic Census Data for the year 2004. The results reveal that wages are positively correlated with firms profits, and international trade can promote workers wages actually. The results indict that increasing product market competition decreases firms profits, and reduces wages finally. International trade can promote workers wages directly not only by decreasing product market competition, but also through changing rent-sharing bargaining power distribution between firms and workers.
International trade Product market competition Wages Rent-sharing
WENG Jie ZHOU Li
College of Business Administration,Zhejiang University of Technology,P.R.China,310032
国际会议
The 5th International Annual Conference on WTO and Financial Engineering(第五届WTO与金融工程国际会议)
杭州
英文
717-723
2008-05-18(万方平台首次上网日期,不代表论文的发表时间)