By Shi Li, Hiroshi Sato
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Additional info for Unemployment, Inequality and Poverty in Urban China (Routledge Studies on the Chinese Economy)
Sample text
1873. 0783. 78197. 00000. Actual distribution of dependent variable: 0 = 300, 1 = 133. Predicted distribution of dependent variable: 0 = 375, 1 = 58. 364*100. 2). These imply a long expected duration of unemployment of about four years. Given the very incomplete coverage and low level of unemployment benefits, unemployment leads to a pronounced loss of personal income. However, in this section we consider whether the re-employed workers are ‘scarred’ by the effect of unemployment. A reports wage functions estimated separately for workers who have never been retrenched and for re-employed workers.
More commonly, however, retrenchment is selective, with some workers in an enterprise being laid off and others retained. When selecting Labour retrenchment in China 23 workers for retrenchment, employers concerned with minimizing costs are likely to take into account their productivity relative to their wages. We cannot estimate worker productivity from our household data, so we adopt a reduced form approach, including in the vector of explanatory variables, Xi, those variables such as education and occupation likely to affect wages and/or productivity.
And Li, S. (1997) ‘Zhongguo jumin shouru chaju kuoda jiqi yuanyin fenxi’ (Analysis on increasing income inequality and its causes in China), Jingji Yanjiu (Economic Research), March. , Li, S. and Riskin, C. (eds) (1999) Zhongguo Jumin Shouru Fenpei Zai Yanjiu (Re-examination of Income Distribution of Chinese Households), Beijing: Publishing House of Chinese Finance and Economy. 1 Introduction The Chinese urban radical reform known as xiagang, first on trial in 1994 and finally launched in 1997, was intended to resolve the problem of inefficiency of the state sector by laying-off a quarter or more of its workers within four years (1997–2000).
