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Industrialisation, Employment and Income Distribution: A Case Study of Hong

Description: First published in 1978. In spite of the wide recognition of Hong Kong’s successful growth record, little is known about the impact that rapid industrialisation has had on income distribution. The transformation of an entrepôt economy into an industrial one has been accompanied by a transition from a labour surplus to a labour shortage economy, which has had a profound influence on the distribution of income by size. The effect has been channelled through a number of variables such as the composition of employment by industry, occupational structure, labour force participation rate and wage structure. All these changes have, moreover, owed much to the existence of a market mechanism which has been virtually free from government intervention. Beginning with a comprehensive evaluation of the effects of the various characteristics of employment and the labour force on household income distribution, this study assesses the impact of Hong Kong’s industrialisation and employment growth on its income distribution. Through an analysis of the changes in industrial and occupational structures, employment status, household size, labour participation rate, inflow of labour and wage and employment structures, it considers not only how income distribution alters with economic development, but also the mechanism that has brought about these changes. The redistribution effect of government activities is examined and the incidence of particular taxes to different income groups is apportioned to give a clear overall picture. Finally, the benefits obtained from government expenditures on housing, education and health are measured and are allocated to different income groups, illustrating how this has appreciably reduced income inequality in Hong Kong.

Price: 35.27 GBP

Location: Hillsdale, NSW

End Time: 2024-12-15T13:39:10.000Z

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Industrialisation, Employment and Income Distribution: A Case Study of HongIndustrialisation, Employment and Income Distribution: A Case Study of Hong

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EAN: 9780367086503

UPC: 9780367086503

ISBN: 9780367086503

MPN: N/A

Book Title: Industrialisation, Employment and Income Distribut

Item Length: 21.6 cm

Number of Pages: 204 Pages

Language: English

Publication Name: Industrialisation, Employment and Income Distribution: a Case Study of Hong Kong

Publisher: Taylor & Francis LTD

Publication Year: 2020

Subject: Economics, Government

Item Height: 216 mm

Item Weight: 386 g

Type: Textbook

Author: Laurence Chau, Ronald Hsia

Series: Routledge Library Editions: Employment and Unemployment

Item Width: 138 mm

Format: Paperback

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