Servitization Of Manufacturing And Labor Income Share

Since the reform and opening up to the outside world,especially after China's entry into WTO,the economic growth in China has been remaining at a faster level,especially in the coastal areas.In contrast,the income distribution structure of factor in China is distorted and unbalanced.Since the middle stage of 1990 s,China's labor income ratio has been showing the declining trend,it lagged behind most of countries,including a lot of developing countries.In the background of imperfect social security system,the low proportion of labor income refers to the imbalance between labor and capital income distribution,it may become a stumbling obstacle to the economic development and social stability.From the industrial aspect,the direct reason is that the proportion of labor income in manufacturing has been hovering at a low level for a long time.This is closely related to the advantages of low-cost labor force in manufacturing sector and the low-end position of the value chain.In recent years,in the process of manufacturing sector is increasingly integrated into the international market,the structure of manufacturing is constantly optimizing,and the percentage of high-tech and advanced manufacturing industries is also increasing year by year,the change trend of China's labor income share has changed.With the trend of industrial economy transforming to service economy,the manufacturing enterprises improved their competitiveness by the business transformation and service innovation in order to.The service is widely involved in all levels of production and economic development,which contributes to the operation of the manufacturing process of high efficiency and high value-added upgrade,becoming an important disseminator or provider of new technology and innovation.Therefore,it is of great practical significance to study the relationship between the service of manufacturing industry and the proportion of labor income.Basing on the domestic and foreign literature and theoretical analysis,the empirical analysis focuses on exploring the manufacturing services that affect the labor income share mechanism by constructing a model,index selection and data collection.Specifically,the discussion is divided into the following three aspects:First of all,based on the interaction between industry and regional characteristics,this paper studies the relationship between manufacturing services and labor income share from the theoritical and empirical aspects of.Under the background of the transformation of regional labor income accounted for the difference based on the regional variable market,opening up and the market scale is introduced to represent spatial features,to verify the influence factors on the regional heterogeneity of labor income distribution effect of manufacturing services in China.The results show that the service and market scale of manufacturing industry have the positive effects on the proportion of labor income.On the contrary,the progress of marketization and opening degree of promotion will affect the improvement of the labor income share,and weaken the industrial interaction and labor income share.The expansion of market scale will strengthen the positive effect.All the regions should speed up the development of producer services and improve the service level of manufacturing investment.At the same time,we should build a policy of talent highland,give the top priority of training the qualified staff,raise the level of worker's knowledge and creativity to ensure the balanced development of labor and capital.At the industry level,the research is based on utilizing the features of industries investment services and labor income aims at analyzing the differences of labor income distribution in different manufacturing services industries.The importance of three factors on labor income proportion is clarified through the data matching of enterprise level and industry level,the industry heterogeneity is showed by opening degree,market structure and vertical specialization degree.Manufacturing services play the positive role in labor income proportion.From the point of view of the industry,the stronger the capital intensity,the higher technology level of the manufacturing sector,the stronger the positive influence of input service on the labor income ratio.At the same time,heterogeneous factors such as opening degree and market structure have indirect influence on the labor income ratio.For the low productivity of the manufacturing industry,we must increase the knowledge and technology with the high content of financial information and technology services,producer services such as investment,training investment technology advantage services elements,so that the manufacturing services can be improved.For the medium and high productivity industries,the main task is to pay attention to the matching of human resources in order to ensure the balanced development of labor and capital.Finally,starting from the division of global value chain perspective,this paper put forward a theoretical framework to analysis the manufacturing services on labor income share.Systematically examined the moderating effects of global value chain participation and division of labor status on the labor income distribution.In particular,the heterogeneity impact of service inputs is investigated to compensate for the lack of existing literature on the declining proportion of manufacturing labor income.Manufacturing services have a positive effect on the proportion of labor income,and as the economy has been promoted from industrialization to modernization,the relationship between them has become negatively correlated,and the overall trend shows an inverted U rule.Because of the development of producer services lags behind,China is currently in the upper limit of the inverted U curve.The deepening division of labor in the global value chain largely weakens the positive effects of manufacturing services on the labor income share.We should improve the division of labor status in the global value chain,so that services can be extended to both ends of the manufacturing value chain and obtain substantive labor division and trade interests.From the heterogeneity perspective of producer services,the positive effects of telecom services,financial services and distribution services on labor income share are obvious,while the promotion effect of transportation service is not significant.More attention should be paid to the reform of transport services.We should speed up the construction of infrastructure in the backward areas,build a modern logistics system,and improve the allocation of enterprise resources.