分析了金融发展对劳动报酬比例的影响,并利用1996~2006年间29个省级单位面板数据进行了实证分析。结果表明,金融发展规模和金融发展效率对劳动报酬比例产生了正面影响。该结果对不同的样本范围和模型设定具有很强的稳健性。进一步的研究表明,金融发展对东部地区的劳动报酬比例没有显著影响,对中西部地区的劳动报酬比例具有积极影响。
This paper focuses on how financial development affects the labor share by analyzing the empirical data of 29 provinces from 1996 to 2006. The results show that financial scale development and financial efficiency development has positive impact on labor share of China. This result is highly robust across samples and model specifications. The further study show that financial development has no impacts on labor share in eastern regions and has positive impacts in middle and western regions.