Analysis of Employment GrowthVIP专享VIP免费

Analysis of Employment GrowthMINYAN ZHOUAbstractIn the recent years, with the development of the industrialization procedure, the employment problem in China is rising. The high economic growth does not brought the corresponding employment but being suppressing the employment flexibility. And the impact of the capital deepening since the carrying out of the opening-up policy on the employment is very complicated, but the corresponding theoretical frame has not been fully established. On the other hand, the trend of capital deepening appears both in the industry and ministry in China, representing as the continuously increase of the capital-labor ratio. These phenomena have attracted much attention. Mr. Peigang Zhang defined the “industrialization” as “the continuously changing procedure of a series of fundamental production function” in his famous word “agriculture and industrialization” [1]. If treating the entire economic development of China in the last 30 years as one production function, the employment problem has much relationship with the changes of the technique, capital and labor factors in the product function. Therefore, it has much theoretical and practical significance to discuss in both positive and normative aspects the relationship between capital deepening, reverse capital deepening and employment.ⅠIntroductionFor nearly 30 years, China's economic growth has gone out of a way which is contrary to its own factor that Chinese labor is the most abundant element, but it does not have the highest percentage of labor force elements. After the mid - 90s, China's capital - output ratio revealed a trend of continue increase and at the same time, during the entire period from 1985 to 2007, the ...