要素市场分割是当前中国市场经济发展进程中的一个重要问题,其不但影响经济增长,也影响收入分配。本文通过一个基于市场分割的新古典生产模型研究得出:要素市场分割会加剧资源错配程度,在资本-劳动呈替代关系时,会降低劳动收入份额。利用1998-2007年中国工业企业数据库构建279个城市的要素市场分割指数和资源错配指数面板数据,实证研究发现:要素市场分割显著加剧中国工业企业的资源错配,并降低了劳动收入份额。即便考虑可能存在的内生性以及采用省级区域的数据,上述研究结论依然成立。本文研究意味着,通过深化体制改革,破除阻碍生产要素流动的壁垒,有利于提高劳动收入份额,完善要素收入分配。
The factor market segmentation is an important issue currently in Chinese market economic development,which not only affects economic growth,but also affects the distribution of income. In this paper,a neoclassical production model based on market segmentation is derived:the factor market segmentation will aggravate resources misallocation,and when the capital-labor relationship is substitutive, it will reduce the labor income share. Using Chinese industrial enterprises databases( 1998-2007) to build panel data of 279 cities of factor market segmentation index and resources misallocation index,empirical study finds: the factor market segmentation significantly exacerbate resources misallocation of Chinese industrial enterprises and reduce the labor income share.