Correlation Analysis on Urbanization Level and Labor Cost in China

Authors

  • Chen Lisha Faculty of Management, Universiti Teknologi Malaysia
  • Sun Yifan Faculty of Management, Universiti Teknologi Malaysia
  • Amran Md Rasli Admin office D05, Faculty of Management, Universiti Teknologi Malaysia

DOI:

https://doi.org/10.11113/jt.v64.2215

Keywords:

Urbanization, labor cost, living cost, social insurance, human capital investment

Abstract

In recent years, China labor costs continue to rise, especially in urban area, in the form of wage and welfare. There are lots of impact factors that influencing the rising of labor cost in China, while in this paper, we will mainly focus on the urbanization process of China, and correlation between urbanization and labor cost are discussed in details according to the data from 1989 to 2009. We found that both of the urbanization level and labor cost level have rising trends, the changes of the two have a positive correlation, and with the continuous improvement of urbanization level, labor costs will increase and speed up with the acceleration of urbanizing process.

References

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Published

2013-10-15

Issue

Vol. 64 No. 2: Special Edition

Section

Social Sciences

License

Copyright of articles that appear in Jurnal Teknologi belongs exclusively to Penerbit Universiti Teknologi Malaysia (Penerbit UTM Press). This copyright covers the rights to reproduce the article, including reprints, electronic reproductions, or any other reproductions of similar nature.

How to Cite

Correlation Analysis on Urbanization Level and Labor Cost in China. (2013). Jurnal Teknologi, 64(2). https://doi.org/10.11113/jt.v64.2215