The Analysis of Influence Factors of Chinese Urban Labor Productivity——Based on the Panel Data of 286 Cities
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Abstract This article introduces human capital investment, industrial structure, urbanization level, capital per worker and labor inputs in total output function to investigate how they influence labor productivity. Research methods as FE, RE, Tw-FE, LSDV, FGLS were used. Selecting the panel data of 286 prefecture-level cities, this article finds human capital investment, industrial structure, urbanization level and capital per worker have a significant effect on the promotion of labor productivity. In general, capital per worker has the biggest promoting effect on labor productivity, but the influence becomes stable. Human capital investment and urbanization level also improve labor productivity increasingly, besides, the human capital investment is the most potential core driving force. However, there is diseconomies of scale in labor inputs. From the perspective of space, the promotion force of human capital investment and capital per worker in the middle and west to enhance the labor productivity is higher than the east. In the east, the enhancing effect of urbanization is higher than the middle and west. Industrialization shows the negative impact on labor productivity in the east, but the situation is opposite in the middle and west. Furthermore, labor factor input is showing diseconomies in the east and middle, but in the west the situation is opposite. In general, the recent human capital investment has the most remarkable effect on the promotion of labor productivity in China, the increment and development of which should be highly valued to achieve long-term sustainable economic growth.
TUN Hao. The Analysis of Influence Factors of Chinese Urban Labor Productivity——Based on the Panel Data of 286 Cities. Economic Survey, 2017, 34(1): 014.
2017, Vol. 34 
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