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Kang An is Research Officers at the Department of Statistics and Analysis of the Guangzhou Branch of People’s Bank of China (email@example.com).
1 article in English
China’s Labour Contract Law and Labour Costs of Production
ABSTRACT: The promulgation of the Labour Contract Law in China has aroused heated debate about the financial burden of the new labour costs for firms. However, based on a data set collected in Guangdong Province in southern China, the empirical findings suggest that, on average, the increase in labour costs per capita in the sample firms due to the effects of the law ranges between 2.54 percent and 4.90 percent, which seems to be economically insignificant.
KEYWORDS: Labour Contract Law, China, Effects, Labour Costs
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