Negotiation Theory of Wages and Employment: An Efficiency Examination of China's Dual Employment System

Author: Lu Ming
Publisher:
Publish Date: 2004-04-01
Features: This book systematically introduces bargaining theory for the first time and applies the theory to examine the efficiency of wages and employment bargaining under China's dual employment system. It further develops the theory and draws important conclusions: the government's control over wages and employment of state-owned enterprises is a major reason for their low efficiency, and the effectiveness of incentive mechanism reforms in state-owned enterprises must be conditional on deregulation. The book has strong theoretical value and practical economic significance.