Study The Issue Of Iabor And Capital Returns Of The Listed Companies In Shaanxi Province

Efficiency and fairness are two major problems in economics research,In this paper,we study the issue of labor rate of return, return on capital of listed companies,which is a fair question.The market economy running only more than 20 years in China,Labor market obviously exist incompleteness,combined with the distribution of recent decades in the field of macroeconomic regulation and control policy bias,which makes the labor remuneration growth is restrained, thus expanding the income distribution gap.From the perspective of economics,It is not difficult to find that labor, capital payments imbalances will lead to inflation and uneven distribution, low consume, political instability,and it also results in economic decline in the quality, reduced the government’s credibility,social and political problems and so on,which can not be ignored,Two sessions in 2015 has clearly reveal people’s livelihood finance fundamental key, For the shaanxi provincial government,Shaanxi province labor capital returns ratio is advantageous to the correction and new macroeconomic policy to guide the economic development,, therefore, to study the issue of labor and capital returns of the listed companies in Shaanxi has an important reference role of controlling macroeconomic regulation tools used in shaanxi province, at the same time,it can also be used for other provinces which similar to Shaanxi province on economic development reference.The paper organized the literature of the labor rate of return, and the capital rate of return,defined the connotation of them and summarized the research methods and achievements of many scholars at home and abroad.This paper found the method of measuring the return on capital is regression method and index method, they have their own advantages and disadvantages.and then we based on the data obtained in this paper,this article uses the index of CCER method calculates two of the return on capitalindicators of 17 listed companies in Shaanxi province,results show that the two kinds of different indexes are rising at the same level,The fixed asset net profit margin rose from0.1788 in 2009 to 0.5078 in 2012,up nearly three times.and the fixed assets gross profit margin rose from 0.2136 in 2009 to 0.6081 in 2012,a three times increase as well.But they have a certain degree of decline, respectively, in 2013.Thenf this article uses the the added value method to calculate the labor rate of return, the results show as follows: the average labor rate of return of 17 listed companies in 2009 is 0.1156, 0.2103 in 2013, up about 1.8 times.Based on the measured results, we give the policy advice is as follows:For the government,At first,establish a measuring mechanism to improve the state of labor capital erosion.Second,raise the minimum wage standard and perfect the relevant welfare system. Third,publish relevant policies and regulations, implement salary coordination with GDP growth.Forth,improve the wage protection laws and regulations, implement income growth benign.Fifth,to improve social welfare, promote the citizen income growth.For the enterprise,Improve the trade union organization system to promote the construction of collective wage consultation system.