会计学院王茂林所著论文在国际学术期刊 International Review of Financial Analysis 发表

作者：

王茂林 ，首都经济贸易大学会计学院

林慧婷，首都经济贸易大学会计学院

黄烨华，中国人民大学

卢慧妍，首都经济贸易大学会计学院

我校会计学院王茂林老师作为第一作者所著论文 Poverty alleviation and firm productivity: Evidence from China's minimum wage system 在国际学术期刊 International Review of Financial Analysis 上发表。

论文简介：

The reduction of income inequality is important for poverty alleviation. We manually collect the data of the local minimum wage standard of the 254 prefectural cities of 31 provinces in China. The results show that higher minimum wage attributes to the rise of firm productivity. Minimum wage hikes force the enterprises to optimize internal production, reduce redundant employees, and develop innovations. Moreover, the enterprises with higher sensitivity in labor cost, less governmental support, and stronger financial pressures are more intensive to higher minimum wage. It is robust when choosing alternative measurements, an IV strategy, and a DID analysis. It is implicated that an appropriate minimum wage system plays a positive role in achieving balance between poverty alleviation and economic growth, and the improvement in compensation can stimulate high-quality development in practice.

转自：“首都经济贸易大学科研处”微信公众号

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