Returns to schooling in China under planning and reform

Article Abstract:

A study examining the data relating to schooling returns in China from 1950 to 1994 is presented. It is observed that prior to Cultural Revolution, returns for schooling were negligible. The returns for college education were also low when compared to other countries during this period. The positive effects of economic reforms on schooling returns are analyzed and compared with those under China's planned economy.

Government expenditures, Forecasts, trends, outlooks, Job Description & Qualifications, Analysis, Economic aspects, Forecasts and trends, Economic policy, Market trend/market analysis, Job qualifications, Economic reform, Vocational qualifications, Planned economy

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Efficiency wages and work incentives in urban and rural China

Article Abstract:

Research into incentive-wage impacts for production and for managerial and technical staff in non-agricultural businesses in China is presented. It was possible to identify evidence of productivity-boosting wage effects. However, there is considerable variation in the extent to which the profit-maximizing potential of incentive-wage schemes is exploited.

Bonus & Merit Payments, Incentives (Business), Bonuses

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Potential residual and relative wages in Chinese township and village enterprises

Article Abstract:

The authors find the ratio between wages of production workers and wages of directors and technical workers to be constant.

Science & research, Personnel administration, Small Business, Compensation and benefits, Home based businesses, SOHO

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