Regional unemployment disparities in China
| Autor: | Tomoo Marukawa |
|---|---|
| Rok vydání: | 2017 |
| Předmět: |
Economics and Econometrics
Labour economics Labor mobility Layoff business.industry media_common.quotation_subject Economic sector 05 social sciences 0211 other engineering and technologies State sector Distribution (economics) Subsistence agriculture 021107 urban & regional planning 02 engineering and technology 0502 economics and business Unemployment Economics 050207 economics business China media_common |
| Zdroj: | Economic Systems. 41:203-214 |
| ISSN: | 0939-3625 |
| Popis: | China has larger regional unemployment disparities than any other economy of comparable size. The persistence of the unemployment disparity in China has prevented the aggregate unemployment rate from decreasing even when the country’s GDP was growing at 10 percent per year. Unemployment rates rose and unemployment disparities widened in other transition economies too, but what made China’s disparities wider than those in other transition economies is the existence of a large subsistence sector, where unemployment exists only in a disguised form. This study explains the wide unemployment disparity in China with the geographically uneven distribution of the three sectors: the state sector, which suffers from a steep rise of unemployment during transition; the capitalist sector, which absorbs labor from the subsistence sector and grows rapidly; and the subsistence sector, which supplies its redundant labor to the capitalist sector. The study also presents a case study of Fuxin City, which has experienced an extremely high unemployment rate due to the reform of its main industry. Fuxin’s case is presented as a microcosm of the problems that give rise to unemployment disparities, such as massive layoffs in the state sector, lack of labor mobility in the unemployment-stricken regions, and inadequate development of the capitalist sector. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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