cover

Minimum Wages in China

Evolution, Legislation, and Effects

Editors: Shi, Li, Lin, Carl (Eds.)

  • Is the first book of its kind exploring China's minimum wage policy and its implications
  • Offers key statistics and other information related to creating a 'society of mid-level prosperity'
  • Provides lessons for other transitional and developing economies 
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Buy this book

eBook $129.00
price for USA in USD (gross)
  • The eBook version of this title will be available soon
  • Due: July 9, 2020
  • ISBN 978-981-15-2421-9
  • Digitally watermarked, DRM-free
  • Included format:
  • ebooks can be used on all reading devices
Hardcover $169.99
price for USA in USD
  • Customers within the U.S. and Canada please contact Customer Service at +1-800-777-4643, Latin America please contact us at +1-212-460-1500 (24 hours a day, 7 days a week). Pre-ordered printed titles are excluded from promotions.
  • Due: June 11, 2020
  • ISBN 978-981-15-2420-2
  • Free shipping for individuals worldwide
About this book

This book considers the positive and negative impacts of the minimum wage policy in China. Since China enacted its first minimum wage law in 1994, the magnitude and frequency of changes in the minimum wage have been substantial, both over time and across jurisdictions. The results from China’s experience show that rapidly increasing minimum wages have helped increase average wages and reduce the gender wage gap, income inequality, and poverty. However, the fast-rising minimum wage has also resulted in the loss of employment for young adults, women, low-skilled workers, and migrant workers. Additionally, higher minimum wages have a negative impact on firm profitability and adverse effects on firm’s human capital investment. In summary, the Chinese minimum wage policy has shown both positive and negative impacts on the affected workers. Through unpacking these findings, the book highlights the importance of rigorous research to inform evidence-based policymaking and provides lessons for other transitional and developing economies.

About the authors

Li Shi is Professor of Economics in the School of Public Affairs at Zhejiang University, China. 

Carl Lin is an Assistant Professor of Economics at Bucknell University in Pennsylvania, USA.

Buy this book

eBook $129.00
price for USA in USD (gross)
  • The eBook version of this title will be available soon
  • Due: July 9, 2020
  • ISBN 978-981-15-2421-9
  • Digitally watermarked, DRM-free
  • Included format:
  • ebooks can be used on all reading devices
Hardcover $169.99
price for USA in USD
  • Customers within the U.S. and Canada please contact Customer Service at +1-800-777-4643, Latin America please contact us at +1-212-460-1500 (24 hours a day, 7 days a week). Pre-ordered printed titles are excluded from promotions.
  • Due: June 11, 2020
  • ISBN 978-981-15-2420-2
  • Free shipping for individuals worldwide
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Bibliographic Information

Bibliographic Information
Book Title
Minimum Wages in China
Book Subtitle
Evolution, Legislation, and Effects
Editors
  • Li Shi
  • Carl Lin
Copyright
2020
Publisher
Palgrave Macmillan
Copyright Holder
The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd.
eBook ISBN
978-981-15-2421-9
DOI
10.1007/978-981-15-2421-9
Hardcover ISBN
978-981-15-2420-2
Edition Number
1
Number of Pages
XII, 239
Number of Illustrations
32 b/w illustrations
Topics