Loading...
Please wait, while we are loading the content...
Similar Documents
Incentive Pay and Firm Productivity: Evidence from China
| Content Provider | Scilit |
|---|---|
| Author | Jin, Zhangfeng Pan, Shiyuan |
| Copyright Year | 2020 |
| Description | Journal: SSRN Electronic Journal This study examines the causes and consequences of incentive pay adoption among Chinese manufacturing firms. First, we find that a higher degree of labor scarcity encourages firms to adopt more incentive pay. Second, using an instrumental variables approach, we find that a 10 percentage point increases in the intensity of incentive pay results in 38% higher firm productivity. Third, the average productivity differences between SOEs and non-SOEs decrease by about 65% after controlling differences in incentive pay adoption. Therefore, facilitating incentive pay adoption among firms with better labor endowments (e.g. SOEs) increases productivity while reduces resource misallocation in developing countries. |
| Related Links | https://www.econstor.eu/bitstream/10419/214623/1/GLO-DP-0479.pdf https://papers.ssrn.com/sol3/Delivery.cfm?abstractid=3544466 |
| ISSN | 10914358 |
| e-ISSN | 15565068 |
| DOI | 10.2139/ssrn.3544466 |
| Journal | SSRN Electronic Journal |
| Language | English |
| Publisher | Elsevier BV |
| Publisher Date | 2020-02-25 |
| Access Restriction | Open |
| Subject Keyword | Journal: SSRN Electronic Journal Industrial Relations Incentive Pay Firm Productivity Labor Scarcity Instrumental Variables |
| Content Type | Text |
| Resource Type | Article |
| Subject | Public Health, Environmental and Occupational Health Psychiatry and Mental Health |
