Abstract Based on the provincial panel data of China from 2002 to 2012, and using the dynamic panel model and Diff-GMM method, this paper explores the influence of land finance of local governments on the wage level of China’s urban labor in recent years. The results show that the land finance has a significant boost to the rise of the wage level of urban labor in China, which even makes the wage rise faster than the increase of labor productivity and produces some negative effect on the steady growth of China’s economy. Although the land finance has great effect in increasing Chinese labors’ wage level, the most important thing which can decide the increase of Chinese labors’ wage level is the improvement of productivity.
2017, Vol. 34 
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