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How does anti-corruption campaign affect the labour income share in China?
- Source :
- Applied Economics Letters; Sep2019, Vol. 26 Issue 16, p1345-1348, 4p, 1 Chart
- Publication Year :
- 2019
-
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. [ABSTRACT FROM AUTHOR]
- Subjects :
- INCOME inequality
LABOR
INCOME
MARKET power
STOCK exchanges
Subjects
Details
- Language :
- English
- ISSN :
- 13504851
- Volume :
- 26
- Issue :
- 16
- Database :
- Complementary Index
- Journal :
- Applied Economics Letters
- Publication Type :
- Academic Journal
- Accession number :
- 136689688
- Full Text :
- https://doi.org/10.1080/13504851.2018.1558337