How does anti-corruption campaign affect the labour income share in China?

How does anti-corruption campaign affect the labour income share in China?
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反腐败运动如何影响中国的劳动收入份额?

DOI:
10.1080/13504851.2018.1558337
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发表时间:
2019-09
影响因子:
1.6
通讯作者:
Yang Liu
Yang Liu
中科院分区:
经济学4区
文献类型:
--
作者:
He Zhen;Wang Xiaolong;Yang Liu

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摘要本文基于差异中的差异(DID)方法,实证研究了当前反腐败运动对中国劳动收入份额的影响。使用2009 - 2015年在上海和深圳证券交易所上市的中国公司的企业层面数据,我们发现,运动有助于劳动收入份额的增加,但存在相当大的异质性。影响的大小取决于企业的所有权和市场势力。本文从一个新的角度对腐败与收入分配之间的关系进行了研究。
ABSTRACT Based on the difference-in-difference (DID) methodology, this paper empirically investigates the impact of the current anti-corruption campaign on the share of labour income in China. Using a firm-level data on Chinese corporations listed on Shanghai and Shenzhen Stock Exchanges from 2009 to 2015, we find that the campaign contributes to the rise in the labour income share, while there is considerable heterogeneity. The magnitude of the effect depends on firm’s ownership and market power. This paper advances the existing studies examining the nexus between corruption and income distribution from a novel perspective.
DOI: 10.1016/j.econlet.2014.03.026
发表时间: 2014-06
期刊: Economics Letters
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DOI: 10.1093/qje/qjx018
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